The annual requirement of rivets at a ship manufacturing company is 2000 kg. The rivets are supplied in units of 1 kg costing Rs. 25 each. If it costs Rs. 100 to place an order and the annual cost of carrying one unit is 9% of its purchase cost, the cycle length of the order (in days) will be____

The annual requirement of rivets at a ship manufacturing company is 2000 kg. The rivets are supplied in units of 1 kg costing Rs. 25 each. If it costs Rs. 100 to place an order and the annual cost of carrying one unit is 9% of its purchase cost, the cycle length of the order (in days) will be____

Welding: Principles and Applications (MindTap Course List)

8th Edition

ISBN:9781305494695

Author:Larry Jeffus

Publisher:Larry Jeffus

Chapter24: Welding Codes And Standards

Section: Chapter Questions

Problem 2R: What are codes and standards?

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