Mechanical Engineering > GATE 2016 SET-1 > Inventory Control
The annual demand for an item is 10,000 units. The unit cost is Rs. 100 and inventory carrying charges are 14.4% of the unit cost per annum. The cost of one procurement is Rs. 2000. The time between two consecutive orders to meet the above demand is ________ month(s).
Correct : 2
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