The following information relates to a raw material stock item: Economic order quantity 8 0 0 8
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Question:
The following information relates to a raw material stock item: Economic order quantity 800 units Demand 12,000 units per annum Cost of holding stock GHS150 per unit per annum What is the cost of placing an order?
A. GHS27
B.[GHS40]
C. GHS71
D. GHS80
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