Question
The Pluto Company has been buying a given item in lots of 3,200 units which is quarter months supply. The cost per unit is Rs.
The Pluto Company has been buying a given item in lots of 3,200 units which is quarter months supply. The cost per unit is Rs. 10, order cost is Rs. 9 per order and carrying cost is 20%. Required: How much company saves per year by buying in the most economical lot quantities?
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Management Accounting Text Problems And Cases
Authors: M Y Khan, P K Jain
6th Edition
125902668X, 978-1259026683
