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Determine the economic manufacturing quantity

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A product is to be manufactured on a machine.

The cost, production, demand, etc are as follows : Ordering cost per order = Rs.30, Purchase cost per unit = Rs.0.10 Inventory holding cost per unit per annum = Rs.0.05 Production rate = 1,00,000 units per year Demand rate = 10,000 units / year.

Determine the economic manufacturing quantity.

Reference no: EM131344736

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