0 votes
44 views
asked in IM&OR by (215k points)
What are the various purposes of inventory control?

According to the economic lot size formula, if the annual requirement for an item is 8,000 units, set up cost are Rs. 20, per year, what is the economic lot size to order? supposing the holding cost doubled to Re. 0.40 per year, what is the percentage effect on the order size?

Please log in or register to answer this question.

Welcome to Q&A discussion forum, where you can ask questions and receive answers from other members of the community.

10.4k questions

274 answers

26 comments

15.3k users

...