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Question

The demand of a commodity is 1000 units per day. Every time an order is placed, a fixed cost of Rs.400 is occured. Holding cost is Rs. 0.8 per unit per day. The optimum scheduling period between two order is (Take EOQ model)

A
8 days
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B
10 days
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C
None of these
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D
12 days
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Solution

The correct option is C None of these
C0=Rs.400;D=1000

Ch=Rs.0.8

EOQ,

q0=2DC0Ch=2×1000×4000.8=1000 units

Length of cycle, t0=10001000=1day

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