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Industry 4.0 · End Term · 24 Dec 2023 · September 2023 term · Set ADB3

Question 16: Bluescope company estimates its ordering cost at Rs 400 …

Question 16

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Bluescope company estimates its ordering cost at Rs 400 and carrying cost to be Rs. 2/year/unit. The estimated annual requirement is 10,000 units at a unit price of Rs. 10. Calculate the given subquestions:

What is the economic order quantity (EOQ)?

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Correct answer: 2000

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Question 16 of 34 in the IIT Madras BS Industry 4.0 (Industry 4.0) End Term paper sat on 24 Dec 2023, in the September 2023 term (IIT M DEGREE FN EXAM FDB1 24 Dec 2023). It carries 1 mark.

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