Answer to Question #344204 in Management for maxx

Question #344204

you are a manufacturer of tennis balls in the mumbai suburbs. Recently you got an order to supply 1200 units of the same on a monthly basis . the cost of carrying an inventory of such tennis ball is 1.80 per unit on yearly basis . the production process requires a setup cost on a per run basis of Rs. 1000. compute a. The EOQ and Define the need of computing the EOQ

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