Question Number 6524 by Tawakalitu. last updated on 30/Jun/16
$${The}\:{yearly}\:{requirement}\:{for}\:{a}\:{particular}\:{product}\:{is}\:\mathrm{16000}\:{units} \\ $$$${and}\:{its}\:{unit}\:{price}\:{is}\:\$\mathrm{100}.\mathrm{00},\:{if}\:{the}\:{holding}\:{cost}\:{is}\:\mathrm{10\%}\:{of}\:{the} \\ $$$${unit}\:{price}\:{while}\:{its}\:{ordering}\:{cost}\:{is}\:\$\mathrm{50}.\mathrm{00}\: \\ $$$${calculate}\:{the}\:{amount}\:{of}\:{order}\:{per}\:{annum}. \\ $$$$ \\ $$