Q883
A company buys 8000 units of an item for its annual requirement. Each unit costs Rs. 10, the ordering cost per order is Rs. 30 and the carrying cost is 7.5% of the average inventory per year. The economic order quantity will be
A.
566 units
B.
800 units
AnswerC.
2530 units
D.
900 units
Answer: Option B
Solution
Answer: Option B
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