Question: kindly reply fast The demand for a commodity is 100 unit per day. Every time an order is placed, a fixed cost of Rs. 400
kindly reply fast
The demand for a commodity is 100 unit per day. Every time an order is placed, a fixed cost of Rs. 400 is incurred. Holding cost is Rs 0.08 per unit per day. If the lead time is 13 days. Determine the economic lot size and the reorder level.
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