2.4 Use the information given below to calculate the annual Economic Order Quantity. (4 marks) INFORMATION The following

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2.4 Use the information given below to calculate the annual Economic Order Quantity. (4 marks) INFORMATION The following

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2.4 Use the information given below to calculate the annualEconomic Order Quantity. (4 marks)INFORMATIONThe following details have been supplied by Nola Limited for one ofits products:Sales per month 7 500 unitsCarrying costs as a percentage of the unit purchase price 20%Purchase price per unit R100Cost of placing an order R10
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