Economic Order Quantity of a product is 3000 units. Its cost per unit is ₹1.50 and ordering cost is ₹18 per order. If the carrying cost per annum is 20% per annum for average inventory value, annual consumption in units
CS Executive · Financial and Strategic Management · PYQS · December 2022
Economic Order Quantity of a product is 3000 units. Its cost per unit is ₹1.50 and ordering cost is ₹18 per order. If the carrying cost per annum is 20% per annum for average inventory value, annual consumption in units is: (A) 50000 units (B) 60000 units (C) 75000 units (D) 90000 units
Answer & Explanation:
Correct Answer: Option (C)
Official answer key: (C).
Topics: Financial Management
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