Post Utme Babcock University 2020 Commerce Question 26

Practice objective / multiple choice question 26 from the 2020 Post Utme Babcock University Commerce examination.

Post Utme Babcock University 2020 Commerce Objective / Multiple Choice
Question 26 POST_UTME_BABCOCK_UNIVERSITY • 2020 • COMMERCE • objective

A warehouse has a storage capacity of 1000 units. The storage cost per unit is ₦5. If the demand for the product is 500 units, what is the optimal inventory level that minimizes the total cost of storage?

Answer Options

A. 200 units
B. 300 units
Correct Answer C. 400 units
D. 500 units
Correct Answer
C
Correct Option:
400 units

About This Question

This is Post Utme Babcock University 2020 Commerce Question 26. It is one of the objective questions from the 2020 Post Utme Babcock University Commerce examination.

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