An item can be purchased for Rs.$$100.$$ The ordering cost is Rs.$$200$$ and the inventory carrying cost is $$10\% $$ of the item cost per annum. If the annual demand is 4000 units, the economic order quantity (in units) is

One of the following statements about $$PRS$$ (Periodic Reordering System) is not true. Identify.

In inventory planning, extra inventory is unnecessarily carried to the end of the planning period when using one of the following lot size decision policies:

Setup costs do not include