Question: 1 . How management or management techniques can be applied to inventory . Discuss? 2 . What suggestion can be given for the proper management

1. How management or management techniques can be applied to inventory . Discuss?
2. What suggestion can be given for the proper management of inventory in food industry/ hotels/ bakery (choose any one)
3. Discuss some new technologies to managing inventory
4. Alpha industry estimates that it will sell 12000 units of its product for the forthcoming year. The ordering cost is Rs.100 per order and the carrying cost per unit per year is 20% of the purchase price per unit . The purchase price per unit is Rs.50. Find
a) Economic order quantity (EOQ)
b) No . of orders per year
c) Time between successive orders.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!