A company is offered the following price breaks for order quantity

Order cost is Rs.$$60$$ per order while the holding cost is $$10\% $$ of the purchase price. Determine the economic order quantity $$(EOQ)$$ if the annual requirement is $$1000$$ units.

When using a simple moving average to forecast demand, one would

Production flow analysis $$(PFA)$$ is a method of identifying part families that uses data from

Shrinkage allowance on pattern is provided to compensate for shrinkage when