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

Related MCQs

• The Economic Order Quantity (EOQ) is calculated as
• Weighted average cost method produces different allocation of inventory costs in periodic and perpetual inventory system?
• The average stock level is………….. units if the maximum stock level is 2475 units and the minimum stock level is 855 units.
• If WIP opening stock is 10,000 units, work done in the period is 13,000 and WIP closing stock is 5,000 units. The equivalent completed unit during the period is:
• Classification of cost into factory cost, administrative cost, selling & distribution cost and research and development cost is done on the basis of…………...
• In the formula of Economic Order Quantity, the alphabet ‘O’ stands for………….
• Economic Order Quantity is he tool for controlling……………….
• A unit of quantity of product, service or time, in relation to which cost may be ascertained or expressed is known as .
• The expenses which can be directly charged to jobs, products, processes, cost centers or cost units is termed as
• The expenses which can be identified with and allocated to cost centers and cost units are termed as……………..