Question

calculate annual usage from the following information if the company follows the policy of economic order quantity : purchase price per unit of input ₹ 10
cost of placing an order ₹ 30
carrying cost per unit per annum 7.5 %
total cost of carrying inventory and ordering p.a ₹ 600​

Answer 1

Answer:

Solution:

Economic Order Quantity (EOQ)

EOQ =600 Units

>> More Reading Economic Order Quantity.

Explanation:

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