1,2 REQUIRED Use the informalion provided below to calculate the economic order quantity. INFORUATION ...

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Accounting

1,2
REQUIRED
Use the informalion provided below to calculate the economic order quantity.
INFORUATION
(4 marks)
The average montyy usege of an ilem that costs R2 each and sels for R4.50 each is 600 units. The holding cost is 10% of the cost of the item. The cost to place an order is R20.
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