![The monthly requirement of a component is 4,000 units. The cost per order is ₹ 1,000 and the carrying cost per unit per annum is ₹ 24. The Economic Ordering Quantity is](https://www.gkseries.com/blog/wp-content/uploads/2022/04/The-monthly-requirement-of-a-component-is-4000-units.-The-cost-per-order-is-₹-1000-and-the-carrying-cost-per-unit-per-annum-is-₹-24.-The-Economic-Ordering-Quantity-is.png)
Q. The monthly requirement of a component is 4,000 units. The cost per order is ₹ 1,000 and the carrying cost per unit per annum is ₹ 24. The Economic Ordering Quantity is:
A. 2,000 units
B. 4,000 units
C. 577.35 units
D. 1,825.74 units
Answer: 2,000 units