Question: A component whose details are given as follows, calculate EOQ, total yearly minimum cost and frequency of ordering: (i) Purchase price per unit (ii)

A component whose details are given as follows, calculate EOQ, total yearly minimum cost and frequency of

A component whose details are given as follows, calculate EOQ, total yearly minimum cost and frequency of ordering: (i) Purchase price per unit (ii) Total yearly cost (value) of inventory (iii) Yearly carrying cost (iv) Numbers of orders placed in a year (v) Total ordering cost in a year Rs. 10 Rs. 8,00,000 20% 4000 Rs. 1,00,000

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