2.(a)Annual requirement of an item is 3550 units. Each item cost of the company is 14 RO. The manufacturers offers discount (Concession) of 15 % and ordering cost is 0.450 RO. Inventory carrying cost is 15 %. Find i) EOQ. b) In above problem, if company is offering discount of 12% of the item cost, the storage cost will increase to 18%. Determine i) EOQ ii)Optimum No.orders; ii) time between two consecutive orders.

2.(a)Annual requirement of an item is 3550 units. Each item cost of the company is 14 RO. The manufacturers offers discount (Concession) of 15 % and ordering cost is 0.450 RO. Inventory carrying cost is 15 %. Find i) EOQ. b) In above problem, if company is offering discount of 12% of the item cost, the storage cost will increase to 18%. Determine i) EOQ ii)Optimum No.orders; ii) time between two consecutive orders.

Elements Of Electromagnetics

7th Edition

ISBN:9780190698614

Author:Sadiku, Matthew N. O.

Publisher:Sadiku, Matthew N. O.

ChapterMA: Math Assessment

Section: Chapter Questions

Problem 1.1MA

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