Question: The Honest Trainer, a popular local golf instructor, needs about 1 , 0 0 0 packs o f golf balls every week. The manager buys

The Honest Trainer, a popular local golf instructor, needs about 1,000 packs of golf balls every week. The manager buys golf balls in bulk, and the supplier charges a $250 delivery fee for each order. She wants to buy as many golf balls at a time as she can, while also limiting total annual inventory costs. Their holding costs are roughly 15 percent of their purchase price, which is $20 per package. At the economic order quantity for golf balls, what is the total annual inventory cost? (Roundto2 decimal places)
EOQ =sqrt(2DK??i*c)
Group of answer choices
8,831.75
8,829.40
8,803.30
8,896.25

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