Question:
Annual quantity of pens sold by a shop is 1,200 at the rate of ₹100 per unit. Cost of placing an order and receiving is ₹500 per order. Inventory holding cost ₹30 per annum. Calculate EOQ?
Annual quantity of pens sold by a shop is 1,200 at the rate of ₹100 per unit. Cost of placing an order and receiving is ₹500 per order. Inventory holding cost ₹30 per annum. Calculate EOQ?
Updated On: Apr 17, 2024
- 2000 units
- 200 units
- 4000 units
- 20 units
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The Correct Option is B
Solution and Explanation
The correct option is(B): 200 units
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