There are two products A and B with the following characteristics:
|
Product
|
Demand
|
Order cost (in Rs/order)
|
Holding cost (in Rs/unit)
|
|
A
B
|
100
400
|
100
100
|
4
1
|
The economic order quantities (EOQ) of product A and B will be in the ratio of
(a) 1 : 1 (b) 1 :2
(c) 1 : 4 (d) 1 : 8