Question: Nelson s Hardware Store stocks a 1 9 . 2 volt cordless drill that is a popular seller. Annual demand is 5 , 0 0

Nelsons Hardware Store stocks a 19.2 volt cordless drill that is a popular seller. Annual demand is 5,000 units, the ordering cost is $15.00 and the inventory holding cost is $4.00 unit/year.
What is the total annual cost for this inventory item ?

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