Question: What is the annual ordering cost based on the minimum - cost economic order quantity? Use the rounded EOQ value in your calculations. Round your

What is the annual ordering cost based on the minimum-cost economic order quantity? Use the rounded EOQ value in your calculations. Round your answer to the nearest cent.
$
What is the annual inventory holding cost based on the minimum-cost economic order quantity? Use the rounded EOQ value in your calculations. Round your answer to the nearest cent.
$
What is the total annual cost based on the minimum-cost economic order quantity? Use the rounded EOQ value in your calculations. Round your answer to the nearest cent.
$
What are the total cost savings in absolute terms caused by using the minimum-cost economic order quantity instead of the current purchasing policy of Q=1,600? Use the rounded EOQ value in your calculations. Round your answer to the nearest cent.
$
Choose the correct graph for the cost functions.
The correct graph is
What is the annual ordering cost based on the minimum-cost economic

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