Question: For a certain item, the cost-minimizing order quantity obtained with the basic EOQ model is 400 units, and the total annual inventory (carrying and setup)

For a certain item, the cost-minimizing order quantity obtained with the basic EOQ model is 400 units, and the total annual inventory (carrying and setup) cost is $1000. What is the inventory carrying cost per unit per year for this item? (Note: Total cost = (ordering cost) Fog + (setup cost) EOQ H, EOQ - => H- EOQ? replace in the toal annual cost function and use the values for the toal cost and EOQ to find H) 2DS H 2DS $2.00 $2.50 not enough data to determine $4.00 $3.00

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