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1. |
A construction company has an annual demand of 200 M / T. of steel, The annual cost of carrying per M. T. of steel is Es. 2000 and the cost of place an order is Rs. 50000. What is the economic order quantity? |
A. | 50 M.T |
B. | 70.7 M.T |
C. | 100 M.T |
D. | 40 M.T |
Answer» D. 40 M.T | |