Following is the information relating to a type of material Annual demand 2,400 units Unit price Rs 2 40 Ordering cost per order Rs 4 00 Storage cost 2 p a Interest rate 10 p a Lead time Half month Calculate EOQ and total annual inventory cost...

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Following is the information relating to a type of material: Annual demand 2,400 units Unit price Rs.

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Following is the information relating to a type of material:

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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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Following is the information relating to a type of material: Annual demand 2,400 units Unit price Rs.

Question:

Annual demand 2,400 units Unit price Rs. 2.40 Ordering cost per order Rs. 4.00 Storage cost 2% p.a. Interest rate 10% p.a. Lead time Half month Calculate EOQ and total annual inventory cost

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Cost Accounting

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