Material cost
This query is : Resolved
04 April 2017
xyz company buys in lots of 500 boxes which is a 3 month supply. the cost per box is Rs.125 and the ordering cost is Rs. 150. The inventory carrying cost is estimated at 20% of unit value.
a) what is the total annual cost of the existing inventory policy?
b) How much money could be saved by employing the economic order quantity?
a) what is the total annual cost of the existing inventory policy?
b) How much money could be saved by employing the economic order quantity?
03 August 2024
https://docs.google.com/document/d/1NfMaRu38xDBBudw3kR7mOmLCdTyKSMzDUDlZy1_vHgQ/edit?usp=sharing
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