Question: An auto repair workshop uses 3 6 , 0 0 0 units of a part each year ( A maximum consumption of 1 0 0

An auto repair workshop uses 36,000 units of a part each year (A maximum consumption of 100 units per working day). Cost of placing and receiving an order is Rs.20. The shop orders in lots of 400 units. Carrying cost per unit per year is Rs 4..i.Total annual ordering costii.Total annual carrying cost ili. Total annual costIV.The Economic Order QuantityThe total annual cost inventory cost using EOQ inventory PolicyVI.Savings using EOQ

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