4. Types of Inventory 06/08/09 Work in process Work in process Work in process Finished goods Raw Materials Vendors Customer
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29. Graphical method to find EOQ Cost in RS. Order quantity 0 Ordering cost = DS/Q Carrying cost = CQ/2 Total cost EOQ
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36. Non – Instantaneous replenishment Special inventory model A B C D A B C Thus the inventory is replenished gradually than in lots Particularly in situation were manufacturers use continues production process e.g. FACT makes Ammonium on a continual basis Capacity 10 units