The monthly requirement of a component is 4,000 units. The cost per order is ₹1,000 and the carrying cost per unit per annum is ₹24. The Economic Ordering Quantity is:
CS Executive · Cost and Management Accounting · PYQS · December 2018
The monthly requirement of a component is 4,000 units. The cost per order is ₹1,000 and the carrying cost per unit per annum is ₹24. The Economic Ordering Quantity is:
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: Inventory Management
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