Question

Economic Batch Quantity depends on ________ and _______ costs.

• A. Material, Labour
• B. Set-up costs, Carrying
• C. Transportation, Carrying
• D. Warehousing, Labour

Answer 1

Answer: (B)

Set-up costs, Carrying

Economic batch quantity is a measure used to determine the quantity of units that can be produced at the minimum average cost in a given batch. It depends on the set up cost and carrying cost.