Following information is given : Annual requirement: 3600 units @ Rs. 20 each Carrying cost: 10 % of inventory value Cost of placing an order: Rs.…
BBS Cost and Management Accounting · 2082 · Solved Question with Answer
Following information is given :
Annual requirement: 3600 units @ Rs. 20 each
Carrying cost: 10 % of inventory value
Cost of placing an order: Rs. 400
Required: Number of order of EOQ.