The following details are available in respect of a fi rm: Inventory required per year: 6,000 units
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The following details are available in respect of a fi rm:
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Inventory required per year: 6,000 units Carrying costs per item for one year: Re 1 Cost of placing each order: Rs. 60 Alternative order sizes (units): 6,000; 3,000; 2,000; 1200; 1,000; 600. Determine EOQ.
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