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in Statistics by (62.7k points)

Find EOQ for the data given below. 

R = 100 units per day 

C3 = Rs. 50 per order 

A1 = Re. 1 per unit/day 

C2 = Rs. 10 per unit/day.

1 Answer

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Best answer

Here shortage cost (C2) is given, use EOQ model II and all information is given per day.

∴ Q°= 104.9 = 105 units.

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