Question: Q24: ABC Ltd, uses EOQ logic to determine the order quantity for its various components and is planning its orders. The Annual consumption is 80.000

Q24: ABC Ltd, uses EOQ logic to determine the order quantity for its various components and is planning its orders. The Annual consumption is 80.000 units, Cost to place one order is Rs. 1,200, Cost per unit is Rs. 50 and carrying cost is 6% of Unit cost. calculate: 1 EOQ 2. Total orders required during a year 3 Total ordering cost Total carrying cost Annual inventories management cost 4. 5

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