Question: In the basic EOQ model, if EOQ = 100 per year, S = $100, and holding cost = $8 per unit per month, what is
In the basic EOQ model, if EOQ = 100 per year, S = $100, and holding cost = $8 per unit per month, what is the total annual inventory costs?
A. 400
B.4800
C.6000
D.9600
E.490
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