Mwaura uses the EOQ formula to establish its optimal reorder quantity for its single new material. The

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Mwaura uses the EOQ formula to establish its optimal reorder quantity for its single new material.

The following data relates to the stock costs

P= Shs 25 per item

Ch= Shs70 per order

Co= Shs7 per order Storage

costs= 10% of P + Shs0.30 per unit p.a.

D= 4,200 units

Required

Calculate the economic order quantity

Posted Date: May 13, 2024 08:07 AM

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Mwaura uses the EOQ formula to establish its optimal reorder quantity for its single new material. The

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Calculating the Economic Order Quantity EOQ for Mwaura We can use the EOQ formula to determine the o... View the full answer

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