Calculate the annual economic order quantity from theinformation provided below.
GM Electronics expects to sell 800 alarm systems each month of2022at R4000 each. The cost price of each alarm system isR2000. The inventory holding cost of an alarm system is 1% of theunit cost price. The cost of placing an order for the alarm systemis estimated a R60.
Calculate the annual economic order quantity from the information provided below. GM Electronics expects to sell 800 ala
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