Calculate the annual economic order quantity (EOQ)from the information provided below. (4 marks) INFORMATION GM Electron
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Calculate the annual economic order quantity (EOQ)from the information provided below. (4 marks) INFORMATION GM Electron
Calculate the annual economic order quantity (EOQ)from theinformation provided below. (4 marks)INFORMATIONGM Electronics expects to sell 800 alarm systems each month of 2022at R4 000 each. The cost price of eachalarm system is R2 000. The inventory holding cost of an alarmsystem is 1% of the unit cost price. The cost ofplacing an order for the alarm systems is estimated at R60