Question: Find out the EOQ and order schedule for raw materials and packing materials units using the following data given to you: (1) Cost of ordering:

Find out the EOQ and order schedule for raw materials and packing materials units using the following data given to you:

(1) Cost of ordering: Raw materials: Packing materials: Rs. 1,000 per order

(1) Cost of ordering: Raw materials: Packing materials: Rs. 1,000 per order Rs. 5,000 per order (2) Cost of holding inventory: Raw materials: Packing materials: (3) Production rate: 1 ps. per unit per month 5 ps. per unit per month 2,00,000 units per month

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