Posted: December 30th, 2021
ABC Ltd. manufactures a special product ‘X’. The following particulars collected for the year 2011:
Monthly demands of ‘X’ 1000 units.
Cost of placing an order Rs. 100.
Annual carrying cost per unit Rs. 15.
Normal usages 50 units per week; minimum usage 25units per week and maximum usage 75 Units per week.
Reorder period 4 to 6 weeks.
Place an order in 3 easy steps. Takes less than 5 mins.