Calculate EOQ Annual Demand = 5,000 units Unit price = `Rs 20.00 Order cost = ` Rs16.00
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Question:
Calculate EOQ
- Annual Demand = 5,000 units
- Unit price = `Rs 20.00
- Order cost = ` Rs16.00
- Storage rate = 2% per annum on unit price
- Interest rate = 12% per annum on unit price
- Obsolescence rate = 6% per annum on unit price
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