engineering recuitment UPPSC AE Mock Test 2024 Industrial Engineering Production Planning and Inventory Control Inventory Control
An item can be purchased for Rs. 100. The ordering cost is Rs. 200 and the inventory carrying cost is 10% of the item cost per annum. If the annual demand is 4000 units, then economic order quantity (in units) is
1
50
2
100
3
200
4
400