Question: Hitch A is the 1 - 1 / 4 inch, light duty, natural hitch. Simone has forecast the demand for this hitch at 6 ,

Hitch A is the 1-1/4 inch, light duty, natural hitch. Simone has forecast the demand for this hitch at 6,263 units for the next year. It takes one operator 5.1 hours to perform a setup to produce a batch for this hitch and no other setup costs are incurred when setting up the machine. In addition, the holding costs for this item are $4.14 per unit per year. This hitch has a current batch size of 1,500 units per production run.
Simone has determined that traditional EOQ is applicable for this problem. Determine the order quantity (EOQ) Simone should use if this determination is correct.
Don't round any numbers in the middle of the problem. Provide your answer to two (2) decimal places

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