Mathematics · Inventory Management
An annual demand for a certain stock item is 800 units. The unit cost is ₹400, the ordering cost per order is ₹150, and the annual carrying cost is 1.5% of the unit cost. What is the Economic Order Quantity (EOQ) for this item?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1240
- 2200✓
- 3160
- 4120
Correct answer
200
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