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BK Bearing Ltd. is committed to supply 24,000 bearings per annum to Century Fans Ltd. on a steady daily basis. It is estimated that it
BK Bearing Ltd. is committed to supply 24,000 bearings per annum to Century Fans Ltd. on a steady daily basis. It is estimated that it costs 10 paise as inventory holding cost per bearing per month and that the set-up cost per run of bearing manufacture is Rs.324: (1) What should be the optimum run size for BK Bearing & EOW? (ii) What should be the interval between two consecutive optimum runs
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