Question: 205 For a certain item, the cost-minimizing order quantity obtained with the basic EOQ model is 100 units, and the total annual inventory (carrying and

205 For a certain item, the cost-minimizing order quantity obtained with the basic EOQ model is 100 units, and the total annual inventory (carrying and setup) cost is $1000. What is the inventory carrying cost per unit per year for this item? (Note: Total cost = (ordering cost) + (Setup cost) EOS H, EOQ = > HE replace H in the toal LOO? annual cost function and use the values for the toal cost and EOQ to find H) 2DS H $150.00 $8.00 $10.00 not enough data to determine $4.00

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