Question: please ans this in 10 mins Items purchased from a vendor cost Rs. 20 each, and the forecast for next year's demand is 1,000 units.

please ans this in 10 mins Items purchased from a

please ans this in 10 mins

Items purchased from a vendor cost Rs. 20 each, and the forecast for next year's demand is 1,000 units. If it costs Rs. 5 every time an order is placed for more units, the storage cost is Rs. 4 per unit per year and the lead time is 3 days, calculate the following: a) The quantity that should be ordered each time b) The total ordering cost for a year c) The total storage cost for a year d) The total annual cost e) The quantity at which new order must be placed

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