Autominions Inc. manufactures toy cars for kids. Following is the data pertaining to one of its parts being used in asse
Posted: Sun Jul 03, 2022 1:14 pm
Autominions Inc. manufactures toy cars for kids. Following isthe data pertaining to one of its parts being used in assembly of aspecific toy car.
Working days per year 300
Normal use per day 450 units.
Ordering Cost per order is Rs. 1,000
Carrying (Storage) cost per unit per year Rs.50Unit cost per order is Rs. 50
Required:
Economic order quantity for normal usage
Working days per year 300
Normal use per day 450 units.
Ordering Cost per order is Rs. 1,000
Carrying (Storage) cost per unit per year Rs.50Unit cost per order is Rs. 50
Required:
Economic order quantity for normal usage