In the Eagle Beer example, we have the following information.

Demand is 2,000 cases per week Cost of product is $8 per case Holding cost: 18% cost of capital, 7% other costs, applied to unit cost of product Ordering cost: (3/4) hours of labor at $20 per hour, $17 per order other costs Number of operating days: (52 weeks)(5 days/week) Answer the following question using this information. Use two decimal places in your calculations. Do not round the numbers to the nearest integer.

(b)What is the sum of the annual holding and annual ordering cost if the order quantity is 1824 units?