Industrial engg problems please do it correctly Market demand for springs is 700000 per annum.A company purchases these spring in lots and sellsthem. The cost of making a purchases order isRs 1100. The cost of storage of springs Rs 110 perstored piece per annum. Determine economicorder quantity ?

Given; Cost of making a spring is = Rs 1100 Cost of storage of springs = Rs 110 per stored piece…

Answered: order quantity ?

Engineering

Mechanical Engineering

order quantity ?

Elements Of Electromagnetics

7th Edition

ISBN:9780190698614

Author:Sadiku, Matthew N. O.

Publisher:Sadiku, Matthew N. O.

ChapterMA: Math Assessment

Section: Chapter Questions

Problem 1.1MA

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Industrial engg problems please do it correctly

Market demand for springs is 700000 per annum.
A company purchases these spring in lots and sells
them. The cost of making a purchases order is
Rs 1100. The cost of storage of springs Rs 110 per
stored piece per annum. Determine economic
order quantity ?

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