CW 18 118 The following information is given to you: Cost of material per unit : Rs.200 Ordering cost : Rs.100 per order Annual
carrying cost : 10% of the average cost of material Total carrying and ordering cost (Total cost at EOQ): Rs.4,000 Required: a) Annual requirement b) EOQ
I like to think of the - or under as the less likely to happen like a cat beating up a bear u don’t want to put your money on the cat so everyone puts there money on the bear making the bear the over and the cat the under
