Chester’s a local butchery expects to sell 419 675 kilograms of meat for the year 2022. Carrying costs are R 16.25 per unit and order costs are R 33.55. The organization works 310 Days per year. Determine:
2.1 The Economic Order Quantity (EOQ) (4)
2.2 The number of orders per year (3)
2.3 The length of the order cycle. (3)
2.4 Using the data in the table below, construct a weighted 3-Period Moving Average (15)

Period Actual Sales
January 5025
February 7785
March 19360
April 4580
May 16550
June 8870
July 9275
August 3350
September 18980
October 3250
November 22500
December 10650

Answer rating: 100% (QA)

21 The Economic Order Quantity EOQ Where D Annual demand 419675 kilograms S Ordering cost per order ... View the full answer