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Commerce - CBSE UGC NET Previous Years Solved Question with Answers Paper II, June 2013

Q.

Who proposed a model to apply economic order quantity concept of inventory management to determine the optimum cash holding in a firm?

[A] Keith V. Smith
[B]Miller and Orr
[C] William J. Baumol
[D]J. M. Keynes

Answer & Explanation

Answer: Option [C]