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Consider the following data regarding a product: Total cost of ordering and carrying inven

Consider the following data regarding a product: Total cost of ordering and carrying inventory Rs.870 Quantity per order 1,000 units Carrying cost as a  percentage of the purchase price 3% Fixed cost per order Rs.100 Purchase price Rs.10 The annual usage of the material is


[A]3,000 units
[B]7,200 units
[C]8,900 units
[D]9,000 units

Dec 28 2017 View more View Less

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