A firm requires 10000 units of a material per an

Question

A firm requires 10000 units of a material per annum. The cost of purchasing is Re. 1 per 
unit, the cost of replenishment of stock of material is Rs. 25 and the cost of storing 
material is 12.5 per cent per annum of the average rupee inventory. Find the optimum 
order size and the corresponding total cost using calculus.

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