Question: Use the givens provided below to solve this problem. Annual demand = 3000 Unit cost = $100 per unit Holding cost = $40 per unit

Use the givens provided below to solve this problem. Annual demand = 3000 Unit cost = $100 per unit Holding cost = $40 per unit per year Ordering cost = $1100 per order Present lot size = 300 This company will no longer use their present lot size. The company is switching to EOQ. Find the average inventory if the company uses the EOQ. Choose the closest answer. Use the givens provided below to solve this problem. Annual demand = 3000 Unit cost = $100 per unit Holding cost = $40 per unit per year Ordering cost = $1100 per order Present lot size = 300 This company will no longer use their present lot size. The company is switching to EOQ. Find the average inventory if the company uses the EOQ. Choose the closest answer. 78 136 272 226 203 339

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