A defence equipment manufacturing company uses bolts at a constant rate of 10000 kg per year. The bolt cost ` 80 per kg and the company estimates that it costs Rs. 400 to place an order and the carrying cost of inventory is 10 per cent per year. How frequently should orders for bolts be placed?

1500+ Business Management questions.

The UGC NET management syllabus consists of these 10 units:

Management
Organizational Behaviour
Human Resource Management
Financial Statements
Financial Management
Strategic Management
Consumer and Industrial Buying Behavior
Statistics for Management
International Business
Entrepreneurship Development