хатріе 1. A Television Co. can sell around 2500 television per year. The annual holding cost per T.V. is Rs 10. To re-order there is a basic Rs 20 service fee per order plus Rs 10 insurance charge for each television ordered. What economic lot size should the store re-order to minimise the total inventory cost? Also find the number of orders to be placed.
хатріе 1. A Television Co. can sell around 2500 television per year. The annual holding cost per T.V. is Rs 10. To re-order there is a basic Rs 20 service fee per order plus Rs 10 insurance charge for each television ordered. What economic lot size should the store re-order to minimise the total inventory cost? Also find the number of orders to be placed.
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.58TI: What is the total effect on the economy of a government tax rebate of $500 to each household in...
Related questions
Question
Transcribed Image Text:Example 61. A Television Co. can sell around 2500 television per year. The
annual holding cost per T.V. is Rs 10. To re-order there is a basic Rs 20 service fee
per order plus Rs 10 insurance charge for each television ordered. What economic lot
size should the store re-order to minimise the total inventory cost? Also find the
number of orders to be placed.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps with 2 images
Recommended textbooks for you