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प्रश्न
Tutu Pump Co. uses about 7500 valves per year, which is constant throughout the year. The valve costs ₹ 15 per unit and the carrying cost is estimated to be ₹ 3 per unit. The cost of placing an order and its processing is ₹ 18. Calculate the Economic Order quantity (EOQ). Give any one benefit that Tutu Pump Co. derives after calculating the EOQ.
संख्यात्मक
उत्तर
C = ₹ 3
P = ₹ 18
D = 7500
EOQ = `sqrt2 × P × D/3`
= `sqrt2 × 18 × 7500/3`
= 300 units
Benefits of calculating EOQ:
Ensures that there is no stock-out situation and the cost of carrying and placing the order is minimised.
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