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Determine the optimum number of units per order

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Question: The Ben and Tong company is planning to stock its product which is classified as an inventory item. The company has developed the following information: Annual usage is 16,100 units, cost of the inventory per unit is P500.00; ordering cost is P230.00 per order; carrying cost is 28% of inventory unit cost. Determine the optimum number of units per order.

Reference no: EM133554177

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