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When the annual demand of a product is 24000 units, the EOQ (Economic Order Quantity) is 2000 units. If the annual demand is 48000 units the most appropriate EOQ will be
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- 1000 units
- 2000 units
- 2800 units
- 4000 units
- 1000 units
Correct Option: C
EOQ ∝ √D
| = | |||
| √D2 | √D1 |
| EOQ2 = EOQ1 × | ||
| √D1 |
| EOQ2 = 2000 × | = 2828 | |
| √2400 |
