Question

The demand of an item is uniform at the rate of 20 units per month. the fixed cost is rs.10 each time a production run is made. the production cost is rs.1 per item and inventory carrying cost is rs.0.25 per item per month. if the shortage cost is rs.1.25 per item per month, determine how often to make a production run and what size it should be?

Answer 1

if u will by business book........
i'm sure you will get it

Answer 2

let me think...........