100% Free Practice 2026 IIBF Exam Simulator

Free 2026 JAIIB Mock Exam
JAIIB Paper 3: Accounting & Financial Management for Bankers

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Q1 of 25Unit 31: Economic Order Quantity (EOQ)

A factory consumes 10,000 units of a raw material annually. The cost of placing each purchase order is Rs. 200, and the annual inventory carrying/holding cost per unit is Rs. 16. What is the Economic Order Quantity (EOQ)?

A
500 units per order
B
250 units per order
C
400 units per order
D
1,000 units per order
Time Remaining:30:00

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