A $$rm that sells $10,500$ blivets per month is trying to determine how many blivets to keep in inventory.$$ The $$nancial manager has determined that it costs $$300$ to place an order.$$ The value of the blivet is $$12\mathrm{.}00$ and the cost of holding inventory is $20\%$ of the value per year based on average blivet in inventory. $$A $$ve$-$day lead time is required for delivery of goods ordered. $($This lead time is known with certainty.$)$

$$

What is the economic ordering quantity?

Group of answer choices

$1620\mathrm{.}19$

$3968\mathrm{.}63$

$5612\mathrm{.}49$

None of them

$1145\mathrm{.}64$

$$

Flag question: Question $9$

Question $96$ pts

What is the total inventory cost $($ordering cost and holding cost$)$ at the EOQ?

Group of answer choices

$$1,122\mathrm{.}50$

$$2,106\mathrm{.}24$

None of them

$$1,190\mathrm{.}59$

$$2,864\mathrm{.}11$

$$1,058\mathrm{.}86$

$$

Flag question: Question $10$

Question $106$ pts

What is the reordering point $($i$.$e$.,$ at what inventory level the order should be replaced$)?($Assuming $30$ days per month$)$

Group of answer choices

$1400$

$2100$

$2450$

$1750$

None of them