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A company has a demand of 12,000 units per year for an item and it can produce 2000 such items per month. The cost of

A company has a demand of 12,000 units per year for an item and it can produce 2000

such items per month. The cost of one setup is Rs.400 and the holding cost/unit/month

is Rs. 0.15. Find the optimum lot size and max inventory.

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