Question: Annual demand is 2 , 1 7 0 . The price of one unit is $ 2 . 4 2 , the order quantity is

Annual demand is 2,170. The price of one unit is $2.42, the order quantity is 85, the holding cost per unit per year is $0.25, and the order cost is $50. What is the total cost of inventory aka total stocking price?

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