Question: 2 . Alpha industry estimates that it will sell 1 2 0 0 0 units of its product for the forthcoming year. The ordering cost

2. 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
Economic order quantity (EOQ)
No . of orders per year
Time between successive orders.

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