From the figures given below, calculate Economic Order Quantity ( EOQ ) and Total cost at EOQ?

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From the figures given below, calculate Economic Order Quantity

(

EOQ

)

and Total cost at EOQ? Total consumption of material per year

10, 000

kgs Buying cost per order $

50

Unit cost of material $

2

per kg Carrying and storage cost

8 %

Posted Date: May 18, 2024 03:07 PM

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From the figures given below, calculate Economic Order Quantity ( EOQ ) and Total cost at EOQ?

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