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Consider the following data for an item. Annual demand : 2500 units per year Ordering cost: Rs. 100 per order, Inventory holding rate: 25% of unit price Price quoted by a supplierThe optimum order quantity (in units) is[2006]a)447b)471c)500d)≥600Correct answer is option 'C'. Can you explain this answer? for Mechanical Engineering 2024 is part of Mechanical Engineering preparation. The Question and answers have been prepared according to the Mechanical Engineering exam syllabus. Information about Consider the following data for an item. Annual demand : 2500 units per year Ordering cost: Rs. 100 per order, Inventory holding rate: 25% of unit price Price quoted by a supplierThe optimum order quantity (in units) is[2006]a)447b)471c)500d)≥600Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Mechanical Engineering 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following data for an item. Annual demand : 2500 units per year Ordering cost: Rs. 100 per order, Inventory holding rate: 25% of unit price Price quoted by a supplierThe optimum order quantity (in units) is[2006]a)447b)471c)500d)≥600Correct answer is option 'C'. Can you explain this answer?.

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