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.
More Alternate Sources of Finance Questions
- What is the risk measure associated with the Capital Market Line (CML)?
- Who has assumed the presidency of the Financial Action Task Force (FATF) for the term 2024-2026?
- TRP Ltd. recorded operating profit of Rs.100,000, tax of Rs.17000, interest of Rs.34,000 and dividends of Rs.5000. What is the company’s net profit after t...
- Which of the following statements is correct?
- What is the minimum number of members required to be incorporated as a Nidhi company?
- PMSYM is social security scheme of labor ministry, what is the pension assured by the scheme to unoriginated workers?
- What will be the quick ratio of the company as per above information?
- Akash Ltd sells 3 products X, Y and Z. The following information was available at the year end : X Y Z ...
- What is the Capital to Risk Weighted Assets Ratio (CRAR) of scheduled commercial banks (SCBs) as of end March 2024 according to the latest Financial Stabil...
- Which of the following formulae correctly calculates the Operating Profit Margin?
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt