Economic Order Quantity(EOQ)
This query is : Resolved
18 November 2008
If consumption of material per annum : 10000kg
order placing cost per order: Rs. 50
cost per kg of raw materials :Rs. 2
Storage cost: 8 percent average inventory
Calculate the EOQ. Also no. of orders to b placed. Also Carrying Cost?
order placing cost per order: Rs. 50
cost per kg of raw materials :Rs. 2
Storage cost: 8 percent average inventory
Calculate the EOQ. Also no. of orders to b placed. Also Carrying Cost?
18 November 2008
EOQ= Sqrt 2*50*10000/.16
= 2500
No. of Orders:Demand/EOQ
= 10000/2500
= 4
Ordering cost: 50*4 = 200
Carrying cost: C*EOQ/2
= .16*2500/2 = 200
**Ordering and carrying cost should be equal at EOQ Level, in this que. its 200.
**DM
= 2500
No. of Orders:Demand/EOQ
= 10000/2500
= 4
Ordering cost: 50*4 = 200
Carrying cost: C*EOQ/2
= .16*2500/2 = 200
**Ordering and carrying cost should be equal at EOQ Level, in this que. its 200.
**DM
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Supply through E-commerce Operators
- STCG....................................................
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- TAN for Partnership
- Sales return eway bill
- Relief u/s Section 89
- GST ON DAMAGED GOODS
- Specified Profession
- Is E Way Bill Valid If Transport ID Not Mentioned in PART A But Vehicle details mentioned in PART B
- STCG on ETF gold & silver
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
