Mathematics · Inventory Management
A company uses 9,000 units of a component per year. The component has a purchase price of $40 per unit. The cost of placing an order is $160 and the annual holding cost per unit is 8% of its purchase price. What is the Economic Order Quantity (EOQ), to the nearest unit?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 11,268 units
- 2949 units✓
- 3850 units
- 4769 units
Correct answer
949 units
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Mathematics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Inventory Management MCQs →Want more practice questions on Inventory Management?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Mathematics · Inventory Management