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Commerce · Q354

Costing

Graduate and Post Graduate · Commerce · question 354

Q354

If economic order quantity for one year is 15000 packages and demand in units for one year are 1500 units, then number of deliveries in a year will be

A.
16
B.
12
C.
10
Answer
D.
14

Answer: Option C

Solution

Answer: Option C
Solution:
Number of deliveries = Economic order quantity ÷ Demand in units
= 15000 ÷ 1500 = 10