A company uses rivets at a rate of 5000 kg per year rivets
A company uses rivets at a rate of 5,000 kg per year, rivets costing Rs.2 per kg. It costs Rs.20 to place an order and the carrying cost of inventory is 10 % per annum. How frequently should order for rivets be placed and how much?
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a company uses rivets at a rate of 5000 kg per year rivets costing rs2 per kg it costs rs20 to place an order and the
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