Question: The following information is available regarding a particular component: Component price GHS27 Component usage 5,000 per month Cost of placing an order GHS20 Cost of

The following information is available regarding a particular component: Component price GHS27 Component usage 5,000 per month Cost of placing an order GHS20 Cost of storing components for one year 1% of stock value The economic order quantity for the component (to the nearest unit) is:

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