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Railways NTPC (Technical Ability) Materials Science Question Bank Materials Science

  • question_answer
    In the basic EOQ model, if demand is 60 per month ordering costing Rs.12 per order holding cost is Rs.1 per unit per month what is the EOQ?

    A) 12                                

    B) 144

    C) 24                                

    D) 28

    Correct Answer: A

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