Question: Please provide detailed answer, thanks Q.28. Calculate EOQ (approx.) from the following details: Annual Consumption: 24000 units Ordering cost: Rs. 10 per order Purchase price:

Please provide detailed answer, thanks

Q.28. Calculate EOQ (approx.) from the following details: Annual Consumption: 24000 units Ordering cost: Rs. 10 per order Purchase price: Rs. 100 per unit Carrying cost: 5% (a) 310 (b) 400 (c) 290 (d) 300

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