question_answer

A manufacturer uses 7500 units of a material 'Z' per year. The material cost is ` 15 per unit and   carrying cost is 40% per annum of average inventory cost. The cost of placing order is ` 36. Calculate EOQ and number of orders placed per annum.

A)  250 units, 30 times                    

B)  300 units, 25 times

C)  500 units, 15 times                    

D)  150 units, 50 times