SOLUTION: Nirmal Soul pvt Ltd is a manufacturer of bath towels. The company has to supply his customer 750 units of his product per year. Any type of shortage is not acceptable. The inven

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Question 1182667: Nirmal Soul pvt Ltd is a manufacturer of bath towels. The company has to supply his customer
750 units of his product per year.
Any type of shortage is not acceptable.
The inventory carrying cost is is Rs 2.4 per unit per year
The set up cost per run is Rs 100
Compute
a. What should be the optimum order size and the optimum number of orders which should be
executed
b. Calculate the total cost for the optimum order size

Answer by ikleyn(52781) About Me  (Show Source):
You can put this solution on YOUR website!
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