Mathematics · Economic Order Quantity
The annual demand for window frames is 20,000 units. Each frame costs ₹400, the ordering cost is ₹600 per order, and the inventory holding cost is ₹50 per unit per year. Calculate the Economic Order Quantity (EOQ).
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1605 units
- 2643 units
- 3670 units
- 4693 units✓
Correct answer
693 units
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