Solution-Estimating the economic order quantity

Estimating the economic order quantity

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Reference no: EM133171435

A manufacturing company forecast that it is likely to sell 6,00,000 units for the year 2021. The processing cost of an order is Rs. 150 and the carrying cost per unit of inventory is Rs. 12. The lead time of an order is 8 days.

a. What would be the economic order quantity (EOQ) and re-order point assuming 300 days in a year.

Reference no: EM133171435

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Estimating the economic order quantity

Reference no: EM133171435

Reference no: EM133171435

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