The following details are available in respect of a firm: Annual requirement of inventory 20,000 units, Cost per unit (other than carrying and ordering cost) is ₹10, Carrying cost are likely to be 10% per year, Cost of p
CS Executive · Financial and Strategic Management · PYQS · December 2020
The following details are available in respect of a firm: Annual requirement of inventory 20,000 units, Cost per unit (other than carrying and ordering cost) is ₹10, Carrying cost are likely to be 10% per year, Cost of placing an order is ₹500 per order. The economic ordering quantity is :
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: Financial Management
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