Annual quantity of pens sold by a shop is 1,200 at the rate of ₹100 per unit. Cost of placing an order and receiving is ₹500 per order. Inventory holding cost ₹30 per annum. Calculate EOQ? |
2000 units 200 units 4000 units 20 units |
200 units |
The correct answer is Option (2) → 200 units |