Question: Consider the following information. If you are using the optimal order quantity for your ordering, what is the annual cost of inventory?Show your answer to

Consider the following information. If you are using the optimal order quantity for your ordering, what is the annual cost of inventory?Show your answer to

2

decimal places.Annual Demand

50783

unitsUnit Cost$

22.6

Ordering Cost$

12.33

Holding Cost$

20.61

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