valentine ltd has the following information in respect of material qr used in the production of food ingredients. Expected usage for the year: 500000...

valentine ltd has the following information in respect of material qr used in the production of food ingredients. Expected usage for the year: 500000 kobo, order cost: 25 naira per order, price per kg: 10 naira, holding cost: 10% of material price. Required to use tabular approach to determine economic order quantity