A company has an annual demand for material 'p' of 25,000 tons per annum. The cost...
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A company has an annual demand for material 'p' of 25,000 tons per annum. The cost price per ton is $2,000 and stock holding is 25% per annum of the stock value. Delivery cost per batch is $ 400. Calculate the economic order quantity. A company has an annual demand for material 'p' of 25,000 tons per annum. The cost price per ton is $2,000 and stock holding is 25% per annum of the stock value. Delivery cost per batch is $ 400. Calculate the economic order quantity.
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Related Book For
Automation Production Systems and Computer Integrated Manufacturing
ISBN: 978-0132393218
3rd edition
Authors: Mikell P.Groover
Posted Date:
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