Question: Novelty Gifts, Inc. is experiencing some inventory control problems. The manager currently orders 5 , 0 0 0 units four times each year to handle

Novelty Gifts, Inc. is experiencing some inventory control problems. The manager currently orders 5,000 units four times each year to handle annual demand of 20,000 units. Each order costs $15 and each unit costs $1.50 to carry. The manager maintains a safety stock of 200 units.
C) What is average inventory under EOQ if the manager maintains a safety stock of 200 units?
D) Calculate total annual inventory cost under EOQ.
517 units & $124868
517 units & $ 77475
517 units & $47393

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