Question: For a certain item, the cost-minimizing order quantity obtained with the basic EOQ model was 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 was 400 units and the total annual inventory (carrying and setup) cost was $600. The inventory carrying cost per unit per year for this item is

		$1.50
		$2.00
		$3.00
		$150.00
		not enough data to determine

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