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EXAMPLE 13.2 An item has a yearly demand of 2.000 units. The different costs in respect of make and buy are as follows. Determine the
EXAMPLE 13.2 An item has a yearly demand of 2.000 units. The different costs in respect of make and buy are as follows. Determine the best option. Buy Make Rs. 8.00 Rs. 5.00 Rs. 120.00 Rs. 60.00 Item cost/unit Procurement cost/order Set-up cost/set-up Annual carrying cost/ item/year Production rate/year Rs. 1.60 Rs. 1.00 8,000 units
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