ordering cost
GATE Mechanical Engineering · Industrial Engineering - Inventory Management (EOQ) · 1995-2025
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All concepts →A company uses 3000 units of a part annually. The units are priced as given in the table below. It costs ₹ 150 to place an order. Carrying costs are 40 percent of the purchase pric...
The annual demand of valves per year in a company is 10,000 units. The current order quantity is 400 valves per order. The holding cost is Rs. 24 per valve per year and the orderin...
Annual demand of a product is $$50,000$$ units and the ordering cost is Rs. $$7,000$$ per order. Considering the basic economic order quantity model, the economic order quantity is...
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 pl...
The maximum level of inventory of item is $$100$$ and it is achieved with infinite replenishment rate. The inventory becomes zero over one and half month due to consumption at a un...
Consider the following data for a product: Demand $$=1000$$ units/year Order cost $$=$$ Rs.$$40$$/order Holding cost $$ = 10\% $$ of the unit cost / unit-year Unit cost $$=$$ Rs.$$...