I believe this should be right
The ordering-quantity that should be recommended will be 117 units.
<h3>How to calculate the order quantity?</h3>
The following can be deduced from the information given:
Demand = 679
Ordering cost = 7
Holding cost = 10%
Ordering quantity will be:
= ✓(2 × Demand × Ordering cost / Holding cost)
= ✓(2 × 679 × 7/0.1)
= ✓13580
= 116.53
= 117
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