The following information in an inventory problem is available: Calculate EOQ, Re-order level and total annual inventory
Question:
The following information in an inventory problem is available:
Calculate EOQ, Re-order level and total annual inventory cost. How much does the total inventory cost vary if the unit price is changed to Rs. 5?
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Given information Annual demand 2400 units Unit price Rs 240 Ordering cost Rs 400 per order Storage ...View the full answer
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Collins Njuguna
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