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2.2 REQUIRED Use the information given below to calculate the following: 2.2.1 Economic Order...

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Accounting

2.2
REQUIRED
Use the information given below to calculate the following:
2.2.1 Economic Order Quantity
(4 marks)
2.2.2 Re-order point.
(3 marks)
INFORMATION
The following details have been supplied by Tonga Suppliers for the only product that it sells:
\table[[Sales per month,3000 units],[Carrying costs as a percentage of the unit purchase price,10%
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