Question: Mark's Computer store purchases printers for $100 each. Demand for this is constant during the year, and annual demand is forecasted to be 1350 units.

Mark's Computer store purchases printers for $100 each. Demand for this is constant during the year, and annual demand is forecasted to be 1350 units. The holding cost is $20 per unit per year, while the cost of ordering is $90 per order. There are 270 working days per year and the lead-time is 8 days. What is the annual holding cost? Answer with two decimal places.

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