Question: please explain/show work A company decides to establish an EOQ for an item. The annual demand is 200,000 units. The ordering costs are $10 per

please explain/show work

A company decides to establish an EOQ for an item. The annual demand is 200,000 units. The ordering costs are $10 per order, and inventory-carrying costs are $4 per unit per year. Calculate the following: (a). The EOQ in units (3 points) (b). What is the annual total cost (4 Points)

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