Question
With the given information, calculate the Economic Ordering Quantity (EO
- Q : Annual Demand: 1200 units Unit Price: Rs 2.40 Ordering Cost per order: Rs 4.00 Storage Cost: 12% per annum What is the correct EOQ?
√ (2*1200*4) / 2.4 * 12% = 182.57 Units More Accounts Questions
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