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XXZ Ltd. Buys 75000 glass bottles per year. Price of each bottle is Rs.0.90. Cost of purchase is Rs. 100 per order. Cost of holding
XXZ Ltd. Buys 75000 glass bottles per year. Price of each bottle is Rs.0.90. Cost of purchase is Rs. 100 per order. Cost of holding one bottle per year is Rs 0.20. Bank interest is 15% including a charge for taxes and insura ce. Find out EOQ quantity. [5]
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