Question: 4 . Last year, for a specific semi - annual demand for a specific unit that is stored at warehouse was 6 , 8 4

4. Last year, for a specific semi-annual demand for a specific unit that is stored at warehouse was 6,844 units.
The expected increase for the next year's annual demand is %10. The product cost for one unit is $8.75, and selling price is $19.95. Holding cost for that unit is yearly %15 rate. The ordering cost for that unit is $65. Find
2(8 p) and total inventory cost (TIC)(7 p) for this production.

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