Business, 18.10.2020 20:01 baeethtsadia
A company makes bicycles. It produces 850 bicycles a month. It buys the tires for bicycles from a supplier at a cost of Rs.60 per tire. The company’s inventory carrying cost is estimated to be 15% of cost and the ordering is Rs.90 per order. Compute EOQ.
A: 639 tires
B: 522 tires
C: 580 tires
D: 621 tires
From the information given in the question above , Calculate number of orders to be made per year.
A: 35 orders
B: 39 orders
C: 37 orders
D: 32 orders
Answers: 1
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A company makes bicycles. It produces 850 bicycles a month. It buys the tires for bicycles from a su...
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