Monthly demand for a component is 1000 units. Setting-up cost per batch is 120. Cost of manufacture per unit is 20. Rate of interest may be considered at 10% p.a. Calculate the EBQ.
Monthly demand for a component is 1000 units. Setting-up cost per batch is 120. Cost of manufacture per unit is 20. Rate of interest may be considered at 10% p.a. Calculate the EBQ.
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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![Illustration 16.
Monthly demand for a component is 1000 units. Setting-up cost per batch is 120. Cost of manufacture per unit is
*20. Rate of interest may be considered at 10% p.a. Calculate the EBQ.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F95c56668-3561-473f-b316-c0a6a676416d%2F2c9004d6-b094-45e7-9431-814ea3d93520%2Fgpah78s_processed.png&w=3840&q=75)
Transcribed Image Text:Illustration 16.
Monthly demand for a component is 1000 units. Setting-up cost per batch is 120. Cost of manufacture per unit is
*20. Rate of interest may be considered at 10% p.a. Calculate the EBQ.
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