Question: Given the following data for a particular inventory item: table [ [ Demand: , 5 0 0 units per month ] , [ Ordering

Given the following data for a particular inventory item:
\table[[Demand:,500 units per month],[Ordering Cost:,$30 per order],[Holding Cost:,$1 per unit per year],[Lead Time:,1.5 months],[Price:,$7.99 per unit],[360 working days in a year]]
For the economic order quantity, what is the maximum inventory level?
Multiple Choice
174 units
800 units
100 units
500 units
600 units
 Given the following data for a particular inventory item: \table[[Demand:,500 units

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