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A company uses rivets at a rate of 15,000 kg per year, rivets costing ` 6 per kg. If the cost of placing an order is ` 60 and the carrying cost of the inventory is 30 per cent per annum, the Economic Order Quality will be

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1500+ Business Management questions.

The UGC NET management syllabus consists of these 10 units:

Management
Organizational Behaviour
Human Resource Management
Financial Statements
Financial Management
Strategic Management
Consumer and Industrial Buying Behavior
Statistics for Management
International Business
Entrepreneurship Development


A company uses rivets at a rate of 15,000 kg per year, rivets costing ` 6 per kg. If the cost of placing an order is ` 60 and the carrying cost of the inventory is 30 per cent per annum, the Economic Order Quality will be






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