The monthly consumption of an item is 500 units. The price per unit is Rs. 25. The inventory carrying cost is 16% of item cost and ordering cost is Rs. 50 per order. For an economic order quantity model, determine the Re-order quantity

The monthly consumption of an item is 500 units. The price per unit is

1.	The monthly consumption of an item is 500 units. The price per unit is Rs. 25. The inventory carrying cost is 16% of item cost and ordering cost is Rs. 50 per order. For an economic order quantity model, determine the Re-order quantity
A.	380 units
B.	370 units
C.	378 units
D.	388 units
Answer» E.