Question: Using the below data and the EOQ model with non instantaneous replenishment, the annual ordering cost equals? Holding Cost: $0.9/unit per yr Ordering Cost: $68/order

Using the below data and the EOQ model with non instantaneous replenishment, the annual ordering cost equals? Holding Cost: $0.9/unit per yr Ordering Cost: $68/order Demand: 10,000 units/year Daily Production Rate 80 units Daily Demand Rate 60 units Select one: 498 304 553 277 235

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