Accounting · Inventory Management
A firm requires 8,000 units of an item annually. The cost per unit is Rs. 10, the procurement cost per order is Rs. 30, and the carrying cost is 7.5% of the average inventory value per year. Calculate the Economic Order Quantity (EOQ).
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1566 units
- 2800 units✓
- 32,530 units
- 4900 units
Correct answer
800 units
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