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.From the accompanying specifics in regard of a material, register the Economic Ordering Quantity by setting up a table. Requesting Quantities Price Per Kg. [Rs.]
.From the accompanying specifics in regard of a material, register the Economic Ordering Quantity by setting up a table.
Requesting Quantities Price Per Kg. [Rs.]
Under 250 6.00
250 and under 800 5.90
800 and under 2000 5.80
2000 and under 4000 5.70
4000 and above 5.60
The yearly interest for the material is 4000 kg. Stock holding costs are 20% of the material expense per annum. The requesting and accepting expenses are Rs.10 per request.
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