Calculate EOQ (approx.) from the following details:
Annual Consumption: 24000 units
Ordering cost: Rs. 10 per order
Purchase price: Rs. 100 per unitCarrying cost: 5%
(a) 310
(b) 400
(c) 290
(d) 300
Annual Consumption: 24000 units
Ordering cost: Rs. 10 per order
Purchase price: Rs. 100 per unitCarrying cost: 5%
(a) 310
(b) 400
(c) 290
(d) 300