Calculate the annual economic order quantity from the information provided below. GM Electronics expects to sell 800 ala
Posted: Tue Jul 05, 2022 11:24 am
Calculate the annual economic order quantity from theinformation provided below.
GM Electronics expects to sell 800 alarmsystems each month of 2022 at 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 of placing an orderfor the alarm systems is estimated at R60.
GM Electronics expects to sell 800 alarmsystems each month of 2022 at 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 of placing an orderfor the alarm systems is estimated at R60.