Mathematics · Commercial Mathematics - Economic Order Quantity
A toy manufacturer uses approximately 32,000 silicon chips annually at a steady rate. The annual holding cost is $3 per chip and the ordering cost is $120 per order. What is the Economic Order Quantity (EOQ)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 11,600 chips✓
- 21,500 chips
- 31,200 chips
- 42,000 chips
Correct answer
1,600 chips
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 Commercial Mathematics - Economic Order Quantity MCQs →Want more practice questions on Commercial Mathematics - Economic Order Quantity?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Mathematics · Commercial Mathematics - Economic Order Quantity