Question

3. A manufacturer requires 15,000 units of a raw material per month. The ordering cost is?
150 per order. The carrying cost in addition to 5 per unit is estimated to be 20% of the
average inventory per unit per year. The purchase price of the raw material is 5 per unit.
Find economic lot size and total cost.
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Answer 1

Answer:

3600 units jajahvyismjhcajshctvtw