Question: You work for a retailer that sells computer games. One of those games is Quex. Answer the following questions using this information: Annual demand is

You work for a retailer that sells computer games. One of those games is Quex. Answer the following questions using this information: Annual demand is 3,000 games Ordering cost is $50 each time an order is placed Inventory holding/carrying cost is 20% of the item purchase cost Purchase cost is $20 per game What is the total annual cost if you order the EOQ? $1,095 $274 $1,225 $245

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