A construction company has an annual demand of 200 M / T. of steel, The annual cost of carrying per M. T. of steel is Es. 2000 and the cost of place an order is Rs. 50000. What is the economic order quantity?

Structural Analysis
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Chapter2: Loads On Structures
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A construction company has an annual demand of
200 M / T. of steel, The annual cost of carrying per
M. T. of steel is Es. 2000 and the cost of place an
order is Rs. 50000. What is the economic order
quantity?
Transcribed Image Text:A construction company has an annual demand of 200 M / T. of steel, The annual cost of carrying per M. T. of steel is Es. 2000 and the cost of place an order is Rs. 50000. What is the economic order quantity?
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