A retailer of television based out of indore has a constant demand of 4800 sets in a year.To get supply he has to place order with the company whose warehouse is in bhopal and the lead time of supply is two days. if the unit coast of orders is rs 30000, the retailers annual coast of capital is 16% and the average coast of televsion is rs 20000. find the following

. a) the economic order of quantity.

b) reorder point graphically present the inventory consumption and the reorder point. Assume there are 300 working days in a year

Answer rating: 100% (QA)

To calculate the economic order quantity EOQ we can use the formula EOQ 2DSH where D is the annual d... View the full answer