The Hedge Corporation manufactures only one product, the planks. The single raw material used in making planks is the dint. For each plank manufactured, 12 dints are required. Assume that the company manufactures 150,000 planks per year, that demand for planks is perfectly steady throughout the year, that it costs K2,000 each time dints are ordered, and that the carrying costs are K80 per dint per year. Required A. Determine the economic order quantity of dints. ( 8 Marks) Pare 3 of 5