Question: Given the order quantity in the question above, what is the total cost of ordering and holding inventory for a year? Ignore CR, procurement costs.

Given the order quantity in the question above,

Given the order quantity in the question above, what is the total cost of ordering and holding inventory for a year? Ignore CR, procurement costs. Total annual cost of ordering and holding inventory = What is the economic order quantity for the scenario above? What is the annual total cost of holding and purchasing inventory in the scenario above if you use the EOQ? Ignore CR, procurement

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