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Business, 24.05.2020 13:57 glitch14

ABC limited purchases 4000 liter of AGO (diesel) each year from a single supplier at the moment the company obtains the products in batch sizes of 1000 liters the product costs 24 naira per liter and cost of ordering a new batch from one liter in stock due to logistics problems is 6 naira per annum plus an interest cost equal to 20% of the purchase price of the product required.

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