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Entrepreneurship · 2022 · 2 marks
CBSE 2022 · Central · Set 4 · Q1
Kwality Stores is famous for its woollen garments sourced from Ludhiana. Its most popular selling item is its sweat-shirt which is sold at ₹ 1,000…
Kwality Stores is famous for its woollen garments sourced from Ludhiana. Its most popular selling item is its sweat-shirt which is sold at ₹ $\displaystyle 1,000$ per piece. The cost of placing an order and receiving goods is ₹ $\displaystyle 500$ per order. Its holding cost is ₹ $\displaystyle 300$ p.a. Economic order quantity for Kwality Stores is $\displaystyle 200$ sweat-shirts.
Calculate the annual demand of the sweat-shirts.
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CBSE Class 12 Entrepreneurship past-paper question from the 2022 board exam. Where our answers come from.