August 2011
Beginner
547 pages
16h 12m
English
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NUMERICAL PROBLEMS
- Total demand for a commodity is 1000 tonnes in time T. The carrying cost is Rs 20 per tonne of stock during time T, and the order cost is Rs 2 per order. Find out:
- The EOQ and the number of orders. How long will a particular order of inventory last?
- The EOQ if the order cost comes down to Re 1.
- If total demand during a year is 50,000 tonnes, EOQ is 780 tonnes, how long will a particular order last?
- EOQ is 14.1421 tonnes with a total demand for the stock being 1000 tonnes, order cost being Rs 2 per order and carrying cost being Rs 20 per tonne. The supplier provides discount at the rate of Re 0.10 each tonne if the purchase amount is at least 20 tonnes. Should the firm place an order for 20 tonnes in order to avail of the ...
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.