Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Accounting and Auditing Financial Statements Analysis Inventory
Calculate the economic order quantity for material M. The following details are furnished:
| Annual Usage | 90000 Units |
| Buying Order Cost | Rs. 10 |
| Cost of Carrying Inventory | 10% of Cost |
| Cost per unit | Rs. 50 |
1
450 units
2
600 units
3
500 units
4
800 units