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Explain about the Economic Order Quantity and Total Cost with diagram.
Economic Order Quantity and Total Cost: The total of Inventory procurement cost and also inventory carrying cost is total cost.
In the above given figure, the procurement cost and inventory carrying cost have been plotted along regarding quantity in lot. There total cost is computed by addition the procurement cost and carrying cost. Total cost is less at the point A and therefore B shows the Economic Order Quantity (EOQ).
As a newly appointed rector of your school, you have received many complaints from students .It is your aim to " democratise quality ", that is to make quality control comprehensib
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ye project topic kis web site pr hai jise downlode kar sake
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