Question

The finance department of a Corporation provides the following information :

i) The carrying costs=20% OF THE

VALUE. ii) The fixed costs per order are Rs.10. iii) The monthly requirement is 50 units iv) Cost per unit is Rs 6

Determine the EOQ , total number of orders in a

year, TOC and TCC.​

Answer 1

Explanation:

The finance department of a Corporation provides the following information :

i) The carrying costs=20% OF THE

VALUE. ii) The fixed costs per order are Rs.10. iii) The monthly requirement is 50 units iv) Cost per unit is Rs 6

Determine the EOQ , total number of orders in a

year, TOC and TCC.

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Answer 2

Answer:

The finance department of a Corporation provides the following information :

i) The carrying costs=20% OF THE

VALUE. ii) The fixed costs per order are Rs.10. iii) The monthly requirement is 50 units iv) Cost per unit is Rs 6

Determine the EOQ , total number of orders in a

year, TOC and TCC.