Question: For a certain item, the cost-minimizing order quantity obtained with the basic EOQ model is 200 units, and the total annual inventory cost without material

For a certain item, the cost-minimizing order quantity obtained with the basic EOQ model is 200 units, and the total annual inventory cost without material cost is $200. Holding cost as a fraction of unit cost is 20%, unit cost is $5, and fixed cost is $10. What is the annual demand for this item?

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