A bank uses a certain form at a uniform rate of 60 pads per

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A bank uses a certain form at a uniform rate of 60 pads per week during each of the 52 weeks per year it is in operation. Every replenishment order it places is delivered at one time. No minimum inventory is carried the cost of placing and receiving an order is 15L.E the purchase price is 2 L.E. per pad. The inventory carrying cost, in terms of an amount per pad per year is estimated to be 25 percent of the nit purchase price of 2 L.E .the delivery time is three weeks determine the EOQ

Reference no: EM13345570

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