The following information pertaining to a fi rm is available: Cost per unit Annual consumption Rs. 1
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The following information pertaining to a fi rm is available:
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Cost per unit Annual consumption Rs. 1 12,000 units (360 days) Cost per order Rs. 12 Inventory-carrying cost 20% p.a. Lead time: Maximum 30 days Normal 15 days Minimum Daily consumption: Maximum Normal Minimum Calculate inventory levels 5 days 45 units 33 units 15 units
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