engineering recuitment BEL Probationary Engineers Mock Test 2025 Industrial Engineering Production Planning and Inventory Control Inventory Control
The annual demand for window frames is 20,000. Each frame costs Rs.400 and the order cost is Rs.600 per order. Inventory holding cost is Rs.50 per image per year. Calculate the economic order quantity.
1
693 units
2
670 units
3
643 units
4
605 units