The annual demand for an item is 10,000 units. The unit cost is Rs. 10 – McqOptions

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1.	The annual demand for an item is 10,000 units. The unit cost is Rs. 100 and inventory carrying charges are 14.4% of the unit cost per annum. The cost of one procurement is Rs. 2000. The time between two consecutive orders to meet the above demand is ______, month(s).
A.	2 weeks
B.	3 weeks
C.	3.5 weeks
D.	2.5 weeks
Answer» B. 3 weeks

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