engineering recuitment GATE ME 2023-24 Test Series Industrial Engineering Production Planning and Inventory Control Inventory Control
A company has an annual demand of 2000 units, ordering cost is Rs. 100 per order & carrying cost is Rs. 8 per unit year, the shortage cost is Rs. 20 per unit year. The amount of shortage (in units) will be:
Enter numerical value using the virtual keypad. Round off where necessary.