Determine the economic order quantity from the following figures : (i) Annual requirement of inventory 1,00,000 units (ii) Cost per unit (other than carrying and ordering cost) ₹20 (iii) Carrying cost are likely to be 10
CS Executive · Financial and Strategic Management · PYQS · June 2021
Determine the economic order quantity from the following figures : (i) Annual requirement of inventory 1,00,000 units (ii) Cost per unit (other than carrying and ordering cost) ₹20 (iii) Carrying cost are likely to be 10% per year (iv) Cost of placing order ₹1,000 per order
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: Working Capital Management
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