Post Utme Delsu 2018 Commerce Question 3
Practice objective / multiple choice question 3 from the 2018 Post Utme Delsu Commerce examination.
A company has a warehouse with a capacity of 10,000 units and a storage cost per unit of ₦5. If the demand rate is 500 units per year and the holding cost per unit per year is ₦10, what is the optimal order quantity using the Economic Order Quantity (EOQ) model?
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About This Question
This is Post Utme Delsu 2018 Commerce Question 3. It is one of the objective questions from the 2018 Post Utme Delsu Commerce examination.
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