Question

Find EOQ
annual consumption 600 units
Ordering cost 12 rs per order
Carrying cost 20%
selling price per unit 20 rs
Explain with steps​

Answer 1

Answer:

sell 12000 units of its product for the forthcoming year. the ordering cost is Rs 100/- per order and the carrying cost per year is 20% of the purchase price per unit. The purchase price per unit is Rs. 50/-. Find.

Explanation:

Calculate EOQ from the following? Consumption during the year = 600 units Ordering cost Rs. 12 per order. Carrying cost 20% Selling Price per unit Rs. 20