Joe

$$

$$Henry$\text{'}$s machine shop uses

$2$

$$comma

$5$

$2$

$0$

$$brackets during the course of a year. These brackets are purchased from a supplier

$9$

$0$

$$miles away. The following information is known about the

$$

$$brackets:

Annual demand

$2$

$$comma

$5$

$2$

$0$

Holding cost per bracket per year

$

$1$

$.$

$2$

$5$

Order cost per order

$

$1$

$9$

$.$

$5$

$0$

Lead time

$2$

$$days

Working days per year

$2$

$5$

$0$

what would be the annual inventory holding cost