Question: Question 13) ABC Ltd. uses EOQ logic to determine the order quantity for its various components and is planning its orders. The Annual consumption is

Question 13) ABC Ltd. uses EOQ logic to determine the order quantity for its various components and is planning its orders. The Annual consumption is 100,000 units, Cost to place one order is 3,200$, Cost per unit is 150$ and carrying cost is 8% of Unit cost. Find EOQ, No. of order per year, Ordering Cost and Carrying Cost and Total Cost of Inventory

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