Consider the following data with reference to elementary deterministic

Consider the following data with reference to elementary deterministic economic order quantity model Annual demand of an item 100000 Unit price of the item (in Rs.) 10 Inventory carrying cost per unit per year (in Rs.) 1.5 Unit order cost (in Rs.) 30 The total number of economic orders per year to meet the annual demand is .50

Answer» Consider the following data with reference to elementary deterministic economic order quantity model

Annual demand of an item	100000
Unit price of the item (in Rs.)	10
Inventory carrying cost per unit per year (in Rs.)	1.5
Unit order cost (in Rs.)	30

The total number of economic orders per year to meet the annual demand is .