Question: A printing company estimates that it will require 1100 reams of a certain type of paper in a year. The cost of carrying one unit

A printing company estimates that it will require 1100 reams of a certain type of paper in a year. The cost of carrying one unit in inventory for 1 year is 57 cents. The company buys the paper from a wholesaler in the same town, sending its own truck to pick up the orders at a fixed cost of $30 per trip. Treating this cost as the order cost and suppose safety stock is o, what is the minimum inventory-related cost in dollars (including holding costs and order costs) on this item for a year? Note: 1- Only round your final answer to 1 decimal place. Do not include the unit of measurement in your answer. For instance, if the answer is 15.2 units only enter 15.2. 2- The continuous-review model is used. Your

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