Question: Calculate Order level, Minimum level, Maximum level (Normal and Absolute), and EOQ from the following data: Cost per Order: Rs. 10 Carrying cost per unit

Calculate Order level, Minimum level, Maximum level (Normal and Absolute), and EOQ from the following data: Cost per Order: Rs. 10 Carrying cost per unit per year: Rs. 600 Annual requirement : 100,000 units Working days in a year: 300 Days Minimum Maximum Daily Consumption 200 units 600 units Lead time 4 Days 6 days

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