A firm buys casting equipment from outside suppliers at the rate of `30 per unit. Total annual

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● A firm buys casting equipment from outside suppliers at the rate of `30 per unit. Total annual needs are 800 units. You have with you following further data:

(i) Annual Return on Investment, 10%

(ii) Rent, insurance, taxes per unit per year, `1

(iii) Cost of placing an order, `100

(iv) How will you determine the Economic Order Quantity?

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Financial Management

ISBN: 9789352605606

1st Edition

Authors: Swapan Sarkar, Bappaditya Biswas, Samyabrata Das, Ashish Kumar Sana

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Question Posted: Jul 23, 2024 01:01 AM

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A firm buys casting equipment from outside suppliers at the rate of `30 per unit. Total annual

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Financial Management

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