Question: QUESTION 2 (20 MARKS) (5) REQUIRED Calculate the Economic Order Quantity (E00) from the information provided below. INFORMATION The following details have been supplied by

QUESTION 2 (20 MARKS) (5) REQUIRED Calculate the Economic Order Quantity

QUESTION 2 (20 MARKS) (5) REQUIRED Calculate the Economic Order Quantity (E00) from the information provided below. INFORMATION The following details have been supplied by Embury Limited for one of its products: Annual sales 50 000 units Carrying costs as a percentage of the unit purchase price 10% Purchase price per unit R20 Cost of placing an order R10

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