IN QUESTION NO. 3 (iii)OF RTP (Material costing )
annual demand =18000 UNITS for 360 days . EOQ=3600 UNITS
no. of order is calculated to be 10 but acc to me it must be 5 {annual demand /EOQ}
plz clarify my doubt . thanks in advance.
IN QUESTION NO. 3 (iii)OF RTP (Material costing )
annual demand =18000 UNITS for 360 days . EOQ=3600 UNITS
no. of order is calculated to be 10 but acc to me it must be 5 {annual demand /EOQ}
plz clarify my doubt . thanks in advance.