Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Industrial Engineering Production Planning and Inventory Control Inventory Control
A manufacturing company has an expected usage of 50,000 units of a certain product during next year. The cost of processing an order is Rs. 20 and the carrying cost per unit is Rs. 0.50 for one year. What will be the Economic Ordering Quantity ?
1
2500 units
2
2000 units
3
1500 units
4
1000 units