Question: A company orders a particular raw material in order quantities of 250 units. No safety stack is held, the stock holding cost is GHc 3.00

A company orders a particular raw material in order quantities of 250 units. No safety stack is held, the stock holding cost is GHc 3.00 per unit per annum and the annual demand of 2,500 units. What is the total annual stock holding cost of the material?

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