| The purchase price of a stock item is £25 per unit. In each three month period the usage of the item is 20,000 units.The annual holding costs associated with one unit equate to 6% of its purchase price. The cost of placing an order
 for the item is £20.
 What is the Economic Order Quantity (EOQ) for the stock item to the nearest whole unit?
 A   1,730
 B   1,894
 C   1,461
 D   1,633
 C |