Consider the following data for an item.Price quoted by a supplierOrde – McqOptions

MCQOPTIONS

1.	Consider the following data for an item.Price quoted by a supplierOrder quantity (units)Unit price (Rs.)< 50010≥ 5009Annual demand: 2500 units per yearOrdering cost: Rs.100 per orderInventory holding rate: 25% of unit price.The optimum order quantity (in units) is:
A.	447
B.	471
C.	500
D.	≥ 600
Answer» D. ≥ 600

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