Question: A local auto part store would like to reduce its inventory cost by determining the optimal number of batteries to order ( i . e
A local auto part store would like to reduce its inventory cost by determining the optimal number of batteries to order ie EOQ The daily demand is estimated to be six batteries; the unit purchase price is $; the inventory carrying charge per unit is ; the ordering cost per order is $; the annual working days are days. The leadtime for acquiring batteries is estimated to be days.
With this information, which of the following is the minimum total inventory cost?
Group of answer choices
$
$
$
None of the above
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