If the price of the material is 15 per unit and the annual consumption is 4,000 units,

Question:

If the price of the material is ₹15 per unit and the annual consumption is 4,000 units, the interest and store-keeping charges are 20 per cent of the value and the cost of placing of an order and receiving the goods is ₹60, how much material should be ordered at one time?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question
Question Posted: