MNO2601 ASSIGNMENT 5 SEMESTER 2 2024 Indicate if the following statement is true or false. Digital information in databases is not seen as inventory. True FalsE A buildings material supplier obtains its bagged cement from a single supplier. Demand is

MNO2601 ASSIGNMENT 5 SEMESTER 2 2024 Indicate if the following statement is true or false. Digital information in databases is not seen as inventory. True FalsE A buildings material supplier obtains its bagged cement from a single supplier. Demand is reasonably constant throughout the year and last year the company sold 2000 tonnes of this product. They use the economic order quantity (EOQ) model to determine how many of a particular part to order at a time. The purchase price of a bag of cement is R60, and the inventory holding rate is 20% of purchase price. The cost to place an order is estimated at R25. Choose the correct option. The amount the company should order at a time is … a. 150 tonnes b. 91 tonnes c. 59 tonnes d. 910 tonnes 1. 91 2. 910 3. 150 4. 59