Question: Old MathJax webview costing please help with Question 4 all questions industrial costing QUESTION 4 The following information was obtained from the books of a

Old MathJax webview

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please help with Question 4 all questions industrial costing

Old MathJax webview costing please help with Question 4 all questions industrial

QUESTION 4 The following information was obtained from the books of a company, regarding material ABC for the year ended 30 September 2020: Average inventory 60 units Orders per year 40 orders Average daily demand 16 units Re-order point 80 units Annual carrying costs R2 400 The above quantities and costs are optimal according to the Economic Order Quantity formula approach. Calculate the following: 4.1 Economic order quantity 4.2 Annual demand 4.3 Working days per year (3) (3) (3) 4.4 Lead time in days 4.5 Annual ordering costs 4.6 Cost of placing one order 4.7 Annual unit carrying cost (3) (3) (3) (3) [21] Choose between Question 5 and 6

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