Question: The demand for a popular wireless router sold at Data Depot is constant at a rate of 6328 units per year. Data Depot incurs a

The demand for a popular wireless router sold at Data Depot is constant at a rate of 6328 units per year. Data Depot incurs a cost of $1833 each time it places an order regardless of the number of units ordered. The per unit holding is 40% of the unit purchase price per year. The supplier offers a quantity discount pricing scheme such that the cost per unit is $46.92 if Data Depot orders less than 3000 units and $46 if the Data Depot orders at least 3000 units.

Compute the optimal total annual cost (ordering + holding + procurement) associated with the optimal order quantity.

Rounding instructions. Carry all calculations to at least 3 decimal places. Enter your final answer rounded to the nearest tenth of a dollar.

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