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A company for one of the A class items placed 6 orders each of size 200 units in a year. Given ordering cost as Rs. 600, holding cost as 40% cost, cost per unit as Rs. 40 Find the loss to the company

A company for one of the A class items placed 6 orders each of size 200 units in a year. Given ordering cost as Rs. 600, holding cost as 40% cost, cost per unit as Rs. 40. Find the loss to the company in not operating at EOQ levels. What is your recommendation for the future?

Aug 23 2020 View more View Less

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