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Determine the economic order quantity

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Question - A manufacturer buys certain equipment from outside suppliers at As. 30 per unit. Iota annual needs are 800 units. The following further data are available. Annual return or investment = 10 %; Rent, insurance, taxes per unit per year Re. 1; Cost of placing an order = Rs. 100. Determine the economic order quantity.

Reference no: EM133116284

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