Question: Frozen, Inc. has determined the following for a given year: Economic order quantity 5 , 0 0 0 units Total cost to place purchase orders

Frozen, Inc. has determined the following for a given year:
Economic order quantity 5,000 units
Total cost to place purchase orders for the year P 10,000
Cost to place one purchase order P 50
Cost to carry one unit for 1 year P 4
What is Frozens estimated annual usage in units?

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