If annual requirement are 600,000 units and economic order quantity 30,000 units then find out the number of order. [1] GROUP: B Short answer questions 8 × 5 = 40

To determine the number of orders placed in a year using the Economic Order Quantity (EOQ) model, we use the following formula:

$$\text{Number of Orders}=\frac{\text{Annual Requirement}}{\text{EOQ}}$$

Given:

• Annual requirement = 18,000 kg
• EOQ = 3,000 kg

Calculation: $$\text{Number of Orders}=\frac{18,000}{3,000}=6$$

Thus, the number of orders placed in a year is 6.