X company has a demand of 75 Lakhs per year. Setup cost and holding cost are 29 and 35 per unit. Number of pieces in a order includes 2.3 Lakhs per order. Printing is done 300 days and 2 days to deliver this magazine.
What can be the EOQ of this? With above data find the Setup Cost and Holding cost for a year. What is the Reorder Point.
What is the annual demand to production ratio in this case. What does it indicate for the company
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X company has a demand of 75 Lakhs per year. Setup cost and holding cost are 29 and 35 per unit. Number of pieces in a order includes 2.3 Lakhs per order. Printing is done 300 days and 2 days to deliver this magazine
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