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(c) A company serving as a retailer carry following details. Forecasted annual demand 4000 units Holding cost Rs. 180 pe
Posted: Thu Apr 28, 2022 2:25 pm
by answerhappygod
- C A Company Serving As A Retailer Carry Following Details Forecasted Annual Demand 4000 Units Holding Cost Rs 180 Pe 1 (145.71 KiB) Viewed 22 times
(c) A company serving as a retailer carry following details. Forecasted annual demand 4000 units Holding cost Rs. 180 per unit per year Ordering cost Rs 900 per order Unit price Rs 400 No safety stocks and no penalty for stock outs considered. Find the following i. Economic order quantity ii. Time between orders iii. Average yearly inventory management cost iv. If the product can be purchased according to the following scheduled price, what is the order quantity company should select? 4 marks 2 marks 2 marks 2 marks Table Q2-1 Discounted price schedul Lot size Unit price 1-999 1000-1999 2000 or more 400 385 370