Question: Purchasing is an integral function for any business. Based on the following information, decide: a . What should be the economical order quantity that should

Purchasing is an integral function for any business. Based on the following information, decide:
a. What should be the economical order quantity that should be purchased, assuming that similar demand will be faced during 2024?
b. If the lead time is 3 days, how much safety stock should the company have?
c. Forecast the sales for January 2024. Use =0.3.

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