Using the formula EOQ.
TC = DS/Q + QH/2 + CD
Questia 2 A food industry gets flour from an outside supplier and the consumption is decided to replenish Sapplier and the rate of flour constan. The industry has the stock by ordening a fixed quantrity of your at regular intervals The demand for flour is wolors per year order is € 20 order The OCEA of the a than per The cast of maintaing flour is choo per alon per year The flar supplier provides pricy as follows for a quantity less. 1 16 tons, it sells for usod per ton, while for quantify greater than or equal to 16 taus, it sells for Eboo perk ton... a Find the order quantity that has the minimum total to amual inventory cost. (consider the annual cost of inventory management Sum of purchas cost, oider be the cost and maintename cos!).
Using the formula EOQ. TC = DS/Q + QH/2 + CD
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