If the price of the material is 15 per unit and the annual consumption is 4,000 units,
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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?
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Where 2 AB EOQ A Annual usage of inventory in units B Ord...View the full answer
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Related Book For
Management Accounting Text Problems And Cases
ISBN: 9781259026683
6th Edition
Authors: M Y Khan, P K Jain
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