Question: As discussed in the textbook, using the fixed-order quantity (e.g., EOQ) model, calculate total annual order cost given annual demand = 36,000 units, cost per

As discussed in the textbook, using the fixed-order quantity (e.g., EOQ) model, calculate total annual order cost given annual demand = 36,000 units, cost per order = $80, replenishment quantity (EOQ) = 1,200 units and inventory carrying cost = $4 per unit per year. TC = D+C+ a) $2,267 b) $2,400 c) $849 d) $1,889 e) $1,200
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