Question

A manufacturer has to supply his customer with 600 units of his products per year.

Shortages are not allowed. And storage cost amounts to 60 paise per unit per year. The set up cost is Rs. 80. Find
1)The economic order quantity

2) The minimum average yearly cost

3) The optimum number of orders per year

4)The optimum period of supply per optimum order.​

Answer 1

Step-by-step explanation:

The economic order quantity.