Question: Using the economic order quantity formula and the total cost formula, and given the following data, what is the EOQ? Price = $ 1 0

Using the economic order quantity formula and the total cost formula, and given the following data, what is the EOQ?
Price = $100
Demand =1,000
Ordering cost = $10
Interest =5%
Holding cost = $.50
Lag time =5 days
Group of answer choices
48 units
58 units
68 units
78 units

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