Question: use the information given below to calculate the quantity that will minimise the total ordering and storage cost during 2024. information Kip Enterprises intends purchasing

use the information given below to calculate the quantity that will minimise the total ordering and storage cost during 2024.

information

Kip Enterprises intends purchasing 2000 units of product Yogo per week during 2024 at 52 per unit. the following additional cost are incurred:

Ordering cost R25 per order Stockholding cost 10% of the unit purchase price

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