Bigbasket sells 5 5 0 units per month of Sunsilk shampoo sachet . The unit cost of
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Bigbasket sells units per month of Sunsilk shampoo sachet The unit cost of a sachet is Rs and the cost of placing an order is Rs Bigbasket uses an inventory carrying change of per year. Determine the optimal quantity, order frequency and the annual cost of inventory management.If through automation of the purchasing process,the ordering cost can be cut to Rs what will be the new economic order quantity,order frequency and annual inventory management cost? Explain these result
Related Book For
Modeling the Dynamics of Life Calculus and Probability for Life Scientists
ISBN: 978-0840064189
3rd edition
Authors: Frederick R. Adler
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