and O False Question 8 2 pts Consider a retail store that uses the EOQ model to manage its inventory of a SKU. The business setting satisfies all EOQ assumptions. The manager correctly finds EOQ-100 units and the annual total (sum of) ordering and cycle inventory holding costs to be $500 at EOQ-100. However, the store's current inventory policy specifies the order quantity of Q=120 units. Which of the following values is the most accurate assessment of the store's current annual total (sum of) ordering and cycle inventory holding costs at Q=120? $300/year $550/year O $800/year o $1,200/year 2.5 pts Question 9 ABC Inc. uses the EOQ model to manage the inventory of a SKU for sales to customers. The business setting satisfies all assumptions for the EOQ model ABC correctly calculates the EOQ to be 50 units and set the order quantity Q to be EOQ-50. The corresponding annual total (sum of) costs for ordering and holding cycle inventory is known to be $ 1.200. Please answer the following question: (Please report your 5:01 PM 12/8/20 ABC's annual total costs for holding cycle inventory = $ F 42 43 31 00