Question: In the basic EOQ model, if annual demand is 5111 units per year, unit cost is $64, ordering costs are $66 per order, and holding

In the basic EOQ model, if annual demand is 5111

In the basic EOQ model, if annual demand is 5111 units per year, unit cost is $64, ordering costs are $66 per order, and holding cost is $23.07 per unit per year, what is the total annual inventory cost? (Round to two decimals)

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