Question: A company uses an Economic Order Quantity ( EOQ ) model for inventory control. The annual demand for their product is 1 0 , 0

A company uses an Economic Order Quantity (EOQ) model for inventory control. The annual demand for their product is 10,000 units, the ordering cost per order is Rs.100, and the holding cost per unit per year is Rs.2. What is the EOQ for this product?

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