Shagoon India Ltd. provides the following information in respect of material X Ordering costs are Rs. 20
Question:
Shagoon India Ltd. provides the following information in respect of material X
Ordering costs are Rs. 20 per order.
Purchase price per unit is Rs. 50.
Storage costs are 10% of unit value.
Compute:
(i) Reorder Level
(ii) Minimum Level
(iii) Maximum Level
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Working Notes i Reordering Level ii Maximum Level iii Minimum Level Maximu...View the full answer
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