Question: Use the information given below to calculate the quantity that will minimise the total ordering and storage costs during 2024. (5 marks) INFORMATION Kip Enterprises

Use the information given below to calculate the quantity that will minimise the total ordering and storage costs during 2024. (5 marks) INFORMATION Kip Enterprises intends purchasing 2 000 units of product Yogo per week during 2024 at R52 per unit. The following additional costs are incurred: Ordering cost R25 per order Stockholding cost 10% of the unit purchase price

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