a manufacturer buys certain equipment from outside suppliers at rs 30 per unit total 617113

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:

Annual return on investment

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10%

Rent, insurance, taxes per unit per year

Rs. 13

Cost of placing an order

Rs. 100

Determine the EOQ

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