A company which distributes lamp flaps in Port Moresby had an annual usage of 52 000 cartoons and it's lead time is 1 month.The annual cost of pricing an order is k300 an annual holding cost is K5.00
Required;
A. Calculate economic order quantity
B. Calculate total revenue cost
C. Calculate the company's reorder point
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Economic Quantity order
Hi,
I think you've posted this in the wrong forum.
Thanks
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