Sample Problem 3. The Basic EOQ Assume an annual requirement of 24,000 units, a cost per...
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Sample Problem 3. The Basic EOQ Assume an annual requirement of 24,000 units, a cost per of P20, a cost per order of P750, and a carrying cost percentage of 20%. Applying the formula to these data, the EOQ in units and in pesos is: (Ans. 3,000 units and P60,000 respectively) Note: the total ordering costs must equals to the total carrying costs Sample Problem 3. The Basic EOQ Assume an annual requirement of 24,000 units, a cost per of P20, a cost per order of P750, and a carrying cost percentage of 20%. Applying the formula to these data, the EOQ in units and in pesos is: (Ans. 3,000 units and P60,000 respectively) Note: the total ordering costs must equals to the total carrying costs
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