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?
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?
Chapter2: Loads On Structures
Section: Chapter Questions
Problem 1P
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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?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F1e4edf76-1f4a-4f4e-99a7-bbe2a39f4533%2F6ac401ef-35c7-4af0-a83e-55b3d77b9f31%2Fne07t0j_processed.jpeg&w=3840&q=75)
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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