Question: Answer options:A 393 unitsB 493 unitsC 593 units D 193 unitsE 283 units A printing company estimates that it will require 1,000 reams of a

Answer options:A 393 unitsB 493 unitsC 593 units D 193 unitsE 283 units

A printing company estimates that it will require 1,000 reams of a certain type of paper in one year. The cost of carrying one unit it of (ream) in inventory for one year is 50 cents. The company buys the paper from a question wholesaler in the same town, sending its own truck to pick up the orders at a fixed cost of $20.00 per trip. Treating this cost of $20.00 as the order cost, if the company follows the EOQ model, what is the total holding cost in one year? Compute in 2 dec pl. Choose the closest one

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