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