The demand for a commodity is 100 units per day. Every time an order is placed, a fixed cost of Rs. 400 is incurred. Holding cost is R. 0.08 per unit per day. If the lead time is 13 days, then the economic lot size and the recorder point are in units

1
800 and 130
2
840 and 100
3
890 and 300
4
1000 and 300

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