Business Studies, asked by parshvagorani, 5 months ago

Best of luck company Itd uses annually 80300 units of raw materials at a price of
Rs 8 per unit. Its estimated carrying cost is 14% and its ordering cost is Rs 20 per
order. what will be the economical number of units to order.

Answers

Answered by jasspanesar118

1

Explanation:

EOQ = √2DO/CC

√2(80300×20)/1.12

1693

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