A manufacturer buys certain equipment from outside suppliers at Rs. 30 per unit. Total annual needs are 80,000 units. The following further data are available:
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Annual return on investment Don't use plagiarized sources. Get Your Custom Essay on
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10% |
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Rent, insurance, taxes per unit per year |
Rs. 13 |
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Cost of placing an order |
Rs. 100 |
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Determine the EOQ |
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