Question: In the basic EOQ model, if total annual red demand = 6000 units per year, ordering cost arked out of per order = $100, and

In the basic EOQ model, if total annual red demand = 6000 units per year, ordering cost arked out of per order = $100, and holding cost = $5 per 1.00 unit per month, what is the total holding cost per year if we order the optimal lot size each Flag question time? Circle the closest one. O a.. $2400 O b. $490 O c. $4242 O d. $705 O e. $3525

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