From the particulars given below calculate economic order quantity in value
Annual consumption of raw materials rs.810000 . Order placing and receiving cost rs.10 per order. Annual stock holding cost 20% of consumption
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Economic Order Quantity Problems and Solutions
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Economic Order Quantity Unsolved Problem PDF
Previous Lesson: Inventory Management Problems
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Problem # 1:
Calculate Economic Order Quantity (EOQ) from the following:
Annual consumption 6,000 units
Cost of ordering Rs. 60
Carrying costs Rs. 2
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