Question
ABC Company supplies plastic crockery to fast food
restaurants in metropolitan city. One of its products is a special bowl, disposable after initial use, for serving soups to its customers. Bowls are sold in pack 10 pieces at a price of Rs.50 per pack. The demand for plastic bowl has been forecasted at a fairly steady rate of 40,000 packs every year. The company purchases the bowl direct from manufacturer at Rs.40 per pack within a three days lead time. The ordering and related cost is Rs.8 per order. The storage cost is 10% per annum of average inventory investment. Calculate the EOQ.Solution
Economic Order Quantity EOQ = √ 2 x A x O / Ci = √ 2 x 40,000 packs x 8 / 40 x 10% = 400 packsÂ
Who amongst the following likes Indore?
If in a certain code language ‘you like’ is coded as ‘csk kil’, then which of the following is code of ‘wisely you always’?
...Mahi, Neha, Oji, Pihu, and Qish are standing in a row. Pihu is at an end and third to the right of Oji. Neha is to the right of Qish but left of Pihu. W...
Who among the following person sits fourth to the left of F?
In a certain way, D is related to R, P is related to C, in the same way S is related to who among them following person?
Six persons (L, M, N, O, P and Q) sit around a circular table facing towards the center but not necessarily in the same order. N sits immediate right of...
Which of the following pairs the second person sits to the immediate right of the first person?
Who among the following person sits opposite to T in outer Square?
If all the persons are arranged in alphabetical order in the clockwise direction with respect to A, then how many persons remain unchanged in their posi...
Six people, T, U, V, W, X and Y are sitting around a circular table facing towards the centre (but not necessarily in the same manner). One person is si...
