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Determine the no of orders per year

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Reference no: EM133005860

Question - The annual demand for a product is 6400 units. Inventory carrying cost is Rs. 1.50 per unit per annum. If cost of one procurement is Rs 75.

a) Determine the EOQ.

b) Determine the No. of orders per year.

c) Determine the time between two consecutive orders.

Reference no: EM133005860

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