The demand for Oman Food company is 45000 units daily. In the past they had faced...
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The demand for Oman Food company is 45000 units daily. In the past they had faced a lot of issues related with ordering and carrying cost. Mr. Mohammed has joined this company recently and gave a suggestion to the management to use EOQ model for inventory management. Now if the ordering cost is RO 22 per order and holding cost is RO 10. The economic order quantity will be The demand for Oman Food company is 45000 units daily. In the past they had faced a lot of issues related with ordering and carrying cost. Mr. Mohammed has joined this company recently and gave a suggestion to the management to use EOQ model for inventory management. Now if the ordering cost is RO 22 per order and holding cost is RO 10. The economic order quantity will be
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