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Anand Sports Limited is a sports goods company based out of Chennai that sells Chess products to customers based across the globe. Anand Sports sells
Anand Sports Limited is a sports goods company based out of Chennai that sells Chess products to customers based across the globe. Anand Sports sells 200,000 Chess sets in a year. The carrying cost of inventory per Chess set is Rs. 10 per year, and it costs Rs. 4 to place, process and receive an order. underness a. What ordering quantity will minimize inventory costs? b. What inventory costs are incurred with this ordering quantity? [2.5] [2.5] 2003/05/21
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