#### Topics

##### Matrices and Determinants

##### Algebra

##### Analytical Geometry

##### Trigonometry

##### Differential Calculus

##### Applications of Differentiation

##### Financial Mathematics

##### Descriptive Statistics and Probability

##### Correlation and Regression Analysi

##### Operations Research

#### description

- Problems on profit maximization and minimization of cost function
- Inventory control
- Economic Order Quantity (EOQ)

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#### Related QuestionsVIEW ALL [3]

The following table gives the annual demand and unit price of 3 items.

Items |
Annual Demand (units) |
Unit Price |

A | 800 | 0.02 |

B | 400 | 1.00 |

C | 13,800 | 0.20 |

Ordering cost is ₹ 5 per order and holding cost is 10% of unit price. Determine the following:

- EOQ in units
- Minimum average cost
- EOQ in rupees
- EOQ in years of supply
- Number of orders per year

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