Mechanical Engineering > GATE 2026 > Inventory Control
The inventory holding cost of an item is ₹ 0.50 per unit per month and the ordering cost per order is ₹ 550. A stockist needs to supply 10000 units of the item per year to the customers. Assume demand is fixed and shortage cost is infinite. Using classical economic order quantity (EOQ) model, the optimal lot size is ________ units per order (rounded off to nearest integer).
Correct : 1280
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