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A company sells 5,000 units of a product annually. The ordering cost is $100 per order, and the holding cost is $2 per unit per

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A company sells 5,000 units of a product annually. The ordering cost is $100 per order, and the holding cost is $2 per unit per year. The company orders 700 units at a time. The demand is Normally distributed with a mean of 14 per day and standard deviation 2 over the lead time which is 6 days. If the company wants to maintain 95% service level what is the total cost of inventory in Q system? Round your answer to the nearest whole number

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