LS2594: The daily demand for a commodity is 100 units. The cost of ordering is Rs. 100 per order. The holding cost is 2 paise per unit. Determine the economic lot size. If the lead time is 12 days find the re order point.

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Question: The daily demand for a commodity is 100 units. The cost of ordering is Rs. 100 per order. The holding cost is 2 paise per unit. Determine the economic lot size. If the lead time is 12 days find the re order point.

 


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