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QUESTION $20$

The cost accounting department has asked you to check their EOQ figures. You have been given the following data: demand is $17790$ units per quarter, $S=$$$120$ per setup, $P=$$$5$ per unit, and $I=25\%$ per unit per year, EOQ$=3402$ units.

$\backslash$table$[[$Demand$,$Setup cost,Product price,Holding Cost $\%,$Order quantity$],[17790$ per quarter,$$120$ per order,$$5$ per unit,$25\%,3402$ units per order$]]$

Calculate total annual inventor costs including setup cost, holding cost and product cost.

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