Mechanical Engineering > GATE 2022 SET-2 > Inventory Management
The demand of a certain part is 1000 parts/year and its cost is ₹1000/part. The orders are placed based on the economic order quantity (EOQ). The cost of ordering is ₹100/order and the lead time for receiving the orders is 5 days. If the holding cost is ₹20/part/year, the inventory level for placing the orders is _________ parts (round off to the nearest integer).
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