Question: Given the following demand pattern and system costs, what is the total cost for an economic order quantity ( EOQ ) lot - sizing policy?

Given the following demand pattern and system costs, what is the total cost for an
economic order quantity (EOQ) lot-sizing policy? (Choose the nearest value.)
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a. $20,000
b. $22,000
c. $24,000
d. $26,000
Cp = ordering cost
D = average requirements
CH inventory carrying cost ($ per unit per week)

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