Mechanical Engineering > GATE 2014 SET-2 > Inventory Control
Consider the following data with reference to elementary deterministic economic order quantity model:
Annual demand = 100000 units
Unit price = Rs. 10
Inventory carrying cost per unit per year = Rs. 1.5
Unit order cost = Rs. 30
The total number of economic orders per year to meet the annual demand is _______
Annual demand = 100000 units
Unit price = Rs. 10
Inventory carrying cost per unit per year = Rs. 1.5
Unit order cost = Rs. 30
The total number of economic orders per year to meet the annual demand is _______
Correct : 50
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