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In a manufacturing unit, the raw material passes through four processes I, II , III and IV and the output of each process is the
In a manufacturing unit, the raw material passes through four processes I, II , III and IV and the output of each process is the input of the subsequent process. The loss in the four processes I, II, III and IV are respectively 25%, 20%, 20% and 167% of the input. If the end product at the end of process IV is 40,000 kgs, what is the quantity of raw materials required along with its cost to be fed at the beginning of Process I when the cost of the same is $5 per kg
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