Question: Alpha industry estimates that it will sell 1 2 0 0 0 units of its product for the forthcoming year. The ordering cost is Rs
Alpha industry estimates that it will sell
units of its product for the forthcoming year. The ordering cost is Rs
per order and the carrying cost per unit per year is
of the purchase price per unit
The purchase price per unit is Rs
Find
Economic order quantity
EOQ
No
of orders per year
Time between successive orders.
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