The following information pertaining to a firm are available: Annual consumption Cost per unit Cost per order
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The following information pertaining to a firm are available:
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Annual consumption Cost per unit Cost per order Inventory carrying cost (%) Lead time (maximum, normal and minimum) (days) Daily consumption: (maximum, normal and minimum) (units) Calculate inventory levels. 12,000 units (360 days) 1 12 20 30-15-5 45-33-15
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a Economicorder quantity 2 AB 2 x 12000 x R 12 020 Rs 12000 x 02 ...View the full answer
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Management Accounting Text Problems And Cases
ISBN: 9781259026683
6th Edition
Authors: M Y Khan, P K Jain
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