Question: For a certain item, the cost-minimizing order quantity obtained with the basic EOQ model was 200 units and the total annual inventory cost was

For a certain item, the cost-minimizing order quantity obtained with the basic

For a certain item, the cost-minimizing order quantity obtained with the basic EOQ model was 200 units and the total annual inventory cost was $600. The inventory carrying cost per unit per year for this item is $2.00 $3.00 $150.00 $1.50 not enough data to determine

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