The Economic Order Quantity (EOQ) is calculated as

Related MCQs

• The order cost per order of an inventory is Rs. 400 with an annual carrying cost of Rs. 10 per unit. The Economic Order Quantity (EOQ) for an annual demand of 2000 units is
• In the formula of Economic Order Quantity, the alphabet ‘O’ stands for………….
• Economic Order Quantity is he tool for controlling……………….
• Under……………… method of pricing issues, issues are valued at a price calculated by dividing the total cost of material in the stock by the total quantity of material in stock.
• The minimum stock level is calculated as
• Re-ordering level is calculated as
• Average stock level can be calculated as
• Cost of goods available for sale can be calculated by:
• A unit of quantity of product, service or time, in relation to which cost may be ascertained or expressed is known as .
• The term……………..is defined as a system that ensures the provision of the required quantity of material of the required quality at the required time with the minimum amount of capital.