Question

company annually uses 48,000 units of raw material, costing Rs.1.20 per unit. Placing

each order costs Rs. 45 and inventory carrying costs are 15 % per year of the average

inventory values. Find (i) EOQ (ii suppose that the company follows the EOQ policy and

operates 300 days a year with the procurement time as 12 days and safety stock as 500​

Answer 1

Answer:

each order costs Rs. 45 and inventory carrying costs are 15 % per year of the average

inventory values. Find (i) EOQ (ii suppose that the company follows the EOQ policy and

operates 300 days a year with the procurement time as 12 days and safety stock as 500

Answer 2

Answer:

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