The consumption rate of a certain item in a company is 100 units/day. The ordering
cost per order is ` 100 and the average daily holding cost per unit is 2 paise.
Determine the economic order quantity for placing an order. Also, find the total cost
per unit time (TCU) and the cycle time
D = 100 units/day, S = 100, H = 0.02.
The economic order quantity for placing an order is: