Question: QUESTION 9 In the basic EOQ model, if annual demand is 6,087 units per year, unit cost is $85, ordering costs are $76 per order,

QUESTION 9 In the basic EOQ model, if annual demand is 6,087 units per year, unit cost is $85, ordering costs are $76 per order, and holding cost is $16.47 per unit per year, what is the total annual inventory cost? (Round to two decimals)

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