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The annual demand for an item is 3,200 units. The unit cost is ` 6 and inventory carrying charges 25% p.a. If the cost of
The annual demand for an item is 3,200 units. The unit cost is ` 6 and inventory carrying charges 25% p.a. If the cost of one procurement is ` 150, determine:
1. EOQ
2. Number of orders p.a.
3. Time between two consecutive order
Please solve I will give upvote
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