A manufacturer has to supply his customer with 600 units of his produc

1.	A manufacturer has to supply his customer with 600 units of his products per year.Shortages are not allowed. And storage cost amounts to 60 paise per unit per year. The set up cost is Rs. 80. Find 1)The economic order quantity2) The minimum average yearly cost3) The optimum number of orders per year4)The optimum period of supply per optimum order.
Answer» OPTION 3 is CORRECT ANSWER ......

A manufacturer has to supply his customer with 600 units of his products per year.Shortages are not allowed. And storage cost amounts to 60 paise per unit per year. The set up cost is Rs. 80. Find 1)The economic order quantity2) The minimum average yearly cost3) The optimum number of orders per year4)The optimum period of supply per optimum order.

Answer»

OPTION 3 is CORRECT ANSWER ......

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