Compute the EOQ, given the following: No. of units bought at a time Price per unit, (Rs.)

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Compute the EOQ, given the following:

No. of units bought at a time Price per unit,

(Rs.)

less than 1000 10.00 1000 to 2999 9.85 3000 and more 9.70 The order cost is Rs. 60 per order and the carrying cost is 20% of the price. Annual requirement of the item is 10,000 units.

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