Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Management Capital Budgeting Inventory Management
What should be Economic Order Quality (EOQ) for procurement of 20000 units annually at a price of Rs. 12 per unit for consumption in production, when the cost per order is Rs. 2000 and the inventory carrying cost is 25 percent of inventory value?
1
6000 units
2
5164 units
3
6145 units
4
5416 units