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Answer to Question #72802 in Math for Amrutha
Question #72802
The annual demand for an item is 3200 units. The unit costis Rs. 6/- and inventory carrying cost is 25% per annum. If thecost of one procurement is Rs. 150/- find out
(i) Economic Order Quantity
(ii) No of orders per year
(iii) Time between two consecutive orders
(iv) The optimal cost
(i) Economic Order Quantity
(ii) No of orders per year
(iii) Time between two consecutive orders
(iv) The optimal cost
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