Question:-
In the basic EOQ model, if demand is 60 per month, ordering cost is Rs. 12 per order, holding cost is Rs. 10 per unit per month. What is the EOQ?
Option (A)
12
Option (B)
144
Option(C)
24
Option(D)
28
Correct Option:
(A)
Question Solution:
EOQ =

question-answer-faq-8897