The demand of television sets at a distributor is uniform at 3000 TV sets for the year. The ordering costs are INR 3 lacs per order. If the holding cost of a
TV set is IN 4 Lacs. Determine the following:
(2+2+4= 8 marks]
a. EOQ
b. No. of optimal lots in the year
C. The total cost related to inventory carrying and ordering cost
