A printing company estimates that it will require 1,000 reams of a certain type of paper in 1 year. The cost of carrying one unit (ream) in inventory for 1 year is $0.50. The company buys the paper from a wholesaler in the same town, sending its own truck to pick up the orders at a fixed cost of $20/ trip. Treating this cost of $20 as the order cost, if the company follows the EOQ model, what is the total order cost in 1 year. Compute in 2 dec pl. choose the closest one

Time left 0:41:39 printing company estimates that it will require 1,000 reams of a certain type of paper in one year. The cost of carrying one unit (ream) in inventory for one year is 50 cents. The company buys the paper from a wholesaler in the same town, sending its own truck to pick up the orders at a fixed cost of $20.00 per trip. Treating this cost of $20.00 s the order cost, if the company follows the model, what is the total order cost in one y Compute in 2 dec pl. Choose the closes b. O a. $170.60 b $700.60 $353.60 5283.60 60 Time left 0:41:39 printing company estimates that it will require 1,000 reams of a certain type of paper in one year. The cost of carrying one unit (ream) in inventory for one year is 50 cents. The company buys the paper from a wholesaler in the same town, sending its own truck to pick up the orders at a fixed cost of $20.00 per trip. Treating this cost of $20.00 a the order cost, if the company follows the model, what is the total order cost in one y Compute in 2 dec pl. Choose the closes O a. a $170.60 $700.60 $353.60 b. 5283.60 60