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Compute economic order quantity

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Question: Daima ltd has an aggregate demand of 1.2 million units. Each time they place an order there is an ordering cost of Ksh1000, holding costs is sh100 per unit.

Required: i) Compute economic order quantity.

ii) Determine number of orders to be made based on economic order quantity.

The response must be typed, double spaced, times new roman, font size 12 and must follow APA format.

Reference no: EM132758065

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