Find out the EOQ and order schedule for raw materials and packing materials units using the following data given to you:
| (1) Cost of ordering: Don't use plagiarized sources. Get Your Custom Essay on find out the eoq and order schedule for raw materials and packing materials units us 617123 Get an essay WRITTEN FOR YOU, Plagiarism free, and by an EXPERT! Just from $10/Page | |
| Raw materials: | Rs. 1,000 per order |
| Packing materials: | Rs. 5,000 per order |
| (2) Cost of holding inventory: | |
| Raw materials: | 1 ps. per unit per month |
| Packing materials: | 5 ps. per unit per month |
| (3) Production rate: | 2,00,000 units per month |
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