Question: A store has h = $2.85 per unit per year, S = $295. If the store on average places 9.25 orders per year, places order

A store has h = $2.85 per unit per year, S = $295. If the store on average places 9.25 orders per year, places order = 4000 units, has a average maximum inventory of 4230 units and average minimum inventory of 230 units, what is its HC, SC and TC? Assume all conditions applicable to EOQ.

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