Question
Consider the following data- Annual demand rate Unit cost Ordering cost Inventory carrying cost Back order cost 800 units Rs. 40/- Rs. 800/- 40%
Consider the following data- Annual demand rate Unit cost Ordering cost Inventory carrying cost Back order cost 800 units Rs. 40/- Rs. 800/- 40% of unit price Rs. 10/- Find EOQ, Maximum number of back orders, number of orders per year, time between 2 orders, Maximum inventory level, total annual variable cost.
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Intermediate Accounting IFRS
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
3rd edition
1119372933, 978-1119372936
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