a company sells a product in packages of 12 units for ₹ 20 per package. after a number of years, it has been assertained that the demand for the product in constant of 2000 package per month. the cost prise per package is 10. the ordaring cost is 1.20 per order and carrying cost is a 10% p.a. you are required to calculate the following 1) economic order quantity. 2) nu. of orders to be placed each year.
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