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1.The XYZ Ltd. carries a wide assortment of items for its customers. One of its popular items has annual demand of 4800 units. Ordering cost
1.The XYZ Ltd. carries a wide assortment of items for its customers. One of its popular items has annual demand of 4800 units. Ordering cost per order is found to be Birr 10. The carrying cost of average inventory is 25% per year and the cost per unit is Birr 1. Using tabular technique, find the following:
a.Economic quantity
b.Optimum number of order
c.Total cost
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