Post Utme Ksu 2025 Commerce Question 11
Practice objective / multiple choice question 11 from the 2025 Post Utme Ksu Commerce examination.
A company uses the Economic Order Quantity (EOQ) model to determine its optimal inventory level. The EOQ model is given by the formula: EOQ = √(2DS/C), where D is the annual demand, S is the ordering cost, and C is the holding cost. If the annual demand is 10,000 units, the ordering cost is ₦500, and the holding cost is ₦20 per unit, what is the optimal inventory level?
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This is Post Utme Ksu 2025 Commerce Question 11. It is one of the objective questions from the 2025 Post Utme Ksu Commerce examination.
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