Question: ABC Ltd . uses EOQ logic to determine the order quantity for its various components and is planning its orders. The Annual consumption is 4
ABC Ltd uses EOQ logic to determine the order quantity for its various components and is planning its orders. The Annual consumption is units, the cost to place one order is $ the Cost per unit is $ and the carrying cost is of the Unit cost therefore inventory holding cost is $times Find the EOQ, No of orders per year, Ordering Cost and Carrying Cost, and Total Cost of Inventory.
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