The following information pertaining to a firm is available: Calculate inventory levels. Annual consumption Cost per unit
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The following information pertaining to a firm is available:
Calculate inventory levels.
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Annual consumption Cost per unit Cost per order Inventory carrying cost Lead time (maximum, normal and minimum): Daily consumption (maximum, normal and minimum) 12,000 units (360 days) Re 1 Rs 12 20% per annum 30-15-5 (days) 45-33-15 (units)
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