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A particular item has a carrying cost of Rs. 2.4/unit/year. The total variable cost of inventory at EOQ is given as 2160. The annual demand is 9000 units. If the replacement is instantaneous then find-out the optimal number of order/year.
  • a)
    9.8
  • b)
    10.2
Correct answer is between ' 9.8, 10.2'. Can you explain this answer?
Verified Answer
A particular item has a carrying cost of Rs. 2.4/unit/year. The total...
Given data,
CC = Rs. 2.4/unit/year
TVC = 2160
Annual demand = 9000 units
2Co. D. CC = 21602
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Most Upvoted Answer
A particular item has a carrying cost of Rs. 2.4/unit/year. The total...
Given data,
CC = Rs. 2.4/unit/year
TVC = 2160
Annual demand = 9000 units
2Co. D. CC = 21602
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A particular item has a carrying cost of Rs. 2.4/unit/year. The total variable cost of inventory at EOQ is given as 2160. The annual demand is 9000 units. If the replacement is instantaneous then find-out the optimal number of order/year.a) 9.8b) 10.2Correct answer is between ' 9.8, 10.2'. Can you explain this answer?
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