Question: In the basic EOQ model, if annual demand is 9,377 units per year, unit cost is $32, ordering costs are $85 per order, and holding

In the basic EOQ model, if annual demand is 9,377 units per year, unit cost is $32, ordering costs are $85 per order, and holding cost is $14.4 per unit per year, what is the total annual inventory cost? (Round to two decimals

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