Question: please explain each term and also mention the formula for each too as i am completely new to this subject Example: The XYZ Ltd. carries

please explain each term and also mention the formula for each too as i am completely new to this subject please explain each term and also mention the
Example: The XYZ Ltd. carries a wide assortment of items for its customers. One of its popular items has annual demand of 8000 units. Ordering cost per order is found to be Rs. 12.5. The carrying cost of average inventory is 20% per year and the cost per unit is Re. 1.00. Determine the optimal economic quantity and make your recommendations

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