Question: Question 18 1 points Save Answer Consider the inventory profile below, for a specific inventory item. If the holding cost per unit per year is

Question 18 1 points Save Answer Consider the

Question 18 1 points Save Answer Consider the inventory profile below, for a specific inventory item. If the holding cost per unit per year is $2 for the item and the cost to place an order is $20 per order, then what are the annual holding plus ordering costs for this item? (*Assume that demand occurs 365 days per year, ignore the holding costs for safety stock, and base your answer on the order policy shown in the diagram, not on the optimal order policy). 600 500 400 300 200 100 0 1 2 3 4 5 6 9 10 11 12 13 14 7 8 Day a. between $0 and $1,000 per year b. between $1,000 and $2,000 per year c. between $2,000 and $3,000 per year od between $3,000 and $4,000 per year O e. between $4,000 and $5,000 per year

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