The rate of use of a particular raw materials from stores, Ask an Expert

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the rate of use of a particular raw materials from stores is 20 units per year. the cost of placing and recieving an order is Rs. 40. the cost of each unit is rs. 100 . the cost of carrying inventory in percent is 0.16 and it depends upon the average stock. Determine the economic order quantity. if lead time is 3 months , Calculate the reorder point.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M9534560

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