Gate ME 2015-2 Question Paper With Solutions

Q. 20 Annual demand of a product is 50000 units and the ordering cost is Rs. 7000 per
order considering the basic economic order quantity model, the economic order
quantity is 10000 units. When the annual inventory cost is minimized, the annual
holding cost (in Rs.) is _______

Answer: (* )

Explanation:

Not Required.

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