Question: Question content area Part 1 A product has a demand of 4 6 comma 0 0 0 4 6 , 0 0 0 units per

Question content area
Part 1
A product has a demand of
46 comma 00046,000
units per year. Ordering cost is $50 per order, and holding cost is
$ 10$10
per unit per year. The EOQ model is appropriate. The cost-minimizing solution for this product will cost________ per year in total annual inventory(holding and setup) costs. (Do not round intermediate calculations. Round answer to the nearest whole number.)
Part 2
A.$ 6 comma 782
$ 6 comma 782$6,782
B.$ 678
$ 678$678
C.$ 3 comma 391
$ 3 comma 391$3,391
D.
Zero; this is a class C item.
E.
Cannot be determined because the unit price is not known.

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