Question: in the basic EOQ model, if the total annual demand = 6000 units per year, ordering cost per order is $100, and holding cost =

in the basic EOQ model, if the total annual demand = 6000 units per year, ordering cost per order is $100, and holding cost = $5 per unit per month, what is the total holding cost per year if we order the optimal lot size each time?

a.4242

b. 2400

c. 3525

d.490

e.705

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