Find EOQ when the annual consumption is 6,000 kg. Ordering cost is Rs 120 per order. Price

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Find EOQ when the annual consumption is 6,000 kg. Ordering cost is Rs 120 per order. Price per kilogram is Rs 20 and the carrying cost is 20%. Also ascertain the frequency of placing orders.

10a. Find EOQ, given the following: image text in transcribed

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Cost Accounting

ISBN: 9788131759462

1st Edition

Authors: K. Alex

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Question Posted: Sep 19, 2024 07:02 PM

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Find EOQ when the annual consumption is 6,000 kg. Ordering cost is Rs 120 per order. Price

Question:

Monthly usage Buying cost Cost per unit Storage cost 150 units Rs 2 per order Re 0.32 paise 25% per annum

Step by Step Answer:

Cost Accounting

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