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X Ltd. estimates its carrying cost at 15% and its ordering cost at 9 per order. The estimated annual requirement is 48,000 units at a
X Ltd. estimates its carrying cost at 15% and its ordering cost at 9 per order. The estimated annual requirement is 48,000 units at a price of 4 per unit.
a) What is the most economical number of units to order?
b) How many orders should be placed in a year?
c) How often should an order be placed?
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