ADR Ltd purchases a particular items in lots of 1 250 units. Its annual usage of this item is 6 250 units. Ordering costs are R 200 per order and the carrying (holding) costs are R10 per unit per year.Calculate each of the following: 1.1.1 The Economic Order Quantity (EOQ) in units       (6)1.1.2 Number of orders                                                   (3)1.1.3 Cost of orders (Order costs)                                (3)1.1.4 Average Inventory held                                          (3)1.1.5 Cost of holding stock                                            (3)1.1.6 Total cost                                                               (2)

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