SOLUTION: 1:an item has amonthly demand of 2500 unit and each item cost Tsh 1000 to purchase it.the cost of placing order per unit is Tsh 1600 while holding cost are estimated to be 2% of th

Question 1181962: 1:an item has amonthly demand of 2500 unit and each item cost Tsh 1000 to purchase it.the cost of placing order per unit is Tsh 1600 while holding cost are estimated to be 2% of the stock value.organization work for 10 monthly in year.calculate the economic order quantity and Total cost.
2: annual demand=1500 units,unit cost per item=Tsh 10, carrying cost interest rate=1.5% and cost per order=Tsh 50. required, calculate the economic order quantity
Answer by ikleyn(52781) (Show Source): You can put this solution on YOUR website!
.

This forum is not intended to consult in Finance problems.

RELATED QUESTIONS
Assume that a manufacturer can purchase a needed component from a supplier at a cost of (answered by ikleyn)

If I purchase an item at wholesale cost $3.50 per item and it is sold at a retail value... (answered by Theo)

A manufacturer uses 1000 items uniformly throughout the year. The cost to produce the... (answered by textot)

5. The same salesman has a particular trip of 48 miles, which he often takes. Four times (answered by solver91311)

A manufacturer uses 600 units of a product per annum. The variable cost of placing an... (answered by CPhill)

Assume that a manufacturer can purchase a needed component from a supplier at a cost of (answered by jorel555)

Assume that a manufacturer can purchase a needed component from a supplier at a cost of (answered by Theo)

A Nigeria manufacturing company produces three products,A,B and C.Each product is made... (answered by richwmiller)

A company has a fixed cost of $2300 when it is producing. Each item that it makes has its (answered by checkley77)