the following details available in respect of a firm
1 inventory requirements per year 6000 units
2 cost per unit (other than carrying and ordering cost) Rs5
3 carrying cost per item for 1 year RE1
4 cost of placing each ordered Rs 60
5 alternative order sizes (units 6000 3000 2000 1200 1000 600 and 200) determine the economic oder quantity
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4 , cost of placing each ordered Rs 60
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