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What are the number of orders required per year

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Question - If the annual amount of stock used by Portsmouth PLC is 50,000 units; the cost of placing an order is £10 per order and the cost of holding one item of stock for a year is £0.25, what are the number of orders required per year?

a. 25 orders

b. 18 orders

c. 15 orders

d. 12 orders

Reference no: EM133089855

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