Find the economic order quantity when the annual consumption is 6,000 kg; ordering cost is Rs. 120

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Find the economic order quantity when the annual consumption is 6,000 kg; ordering cost is Rs. 120 per order; price per kg is Rs. 20; and carrying cost is 20%.

Also ascertain the frequency of placing orders.

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Cost Accounting

ISBN: 9788131732076

1st Edition

Authors: V. Rajasekaran, R. Lalitha

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Question Posted: Jun 12, 2024 10:13 AM

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Find the economic order quantity when the annual consumption is 6,000 kg; ordering cost is Rs. 120

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Cost Accounting

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