A computer manufacturer purchases 800 units of a certain component from a supplier. The annual usage is
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A computer manufacturer purchases 800 units of a certain component from a supplier. The annual usage is 800 units. The order placing cost is Rs. 100 and the cost of carrying one unit for the year is Rs. 4. You are required to compute economic ordering quantity, number of orders and time interval between two orders in a year and to tabulate your results.
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