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1. Find out the economic ordering quantity , Number of orders to be placed in one year and also the time between two consecutive orders

1. Find out the economic ordering quantity , Number of orders to be placed in one year and also the time between two consecutive orders from the following particulars Annual usage 6000 units Cost of material per unit 20 Cost of placing and receiving one order OMR.60 annual carrying cost of one unit 10% of inventory value.

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