Find out the economic order quantity , the number of orders per year and

their frequency from the following information

1. Monthly consumption 300 units

2. Cost per unit OMR 54

3. Ordering cost OMR150 per order

4. Inventory carrying cost 20% of the average inventory

Find out the economic order quantity , the number of orders per year and

their frequency from the following information

1. Monthly consumption 300 units

2. Cost per unit OMR 54

3. Ordering cost OMR150 per order

4. Inventory carrying cost 20% of the average inventory