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A product has an annual demand of 1 2 9 , 6 0 0 units. It costs the company $ 2 per unit to hold

A product has an annual demand of 129,600 units. It costs the company $2 per unit to hold it in inventory for one year. The cost to place an order with the supplier is $100 per order. What is the economic order quantity? (Slide 18)
Group of answer choices
800 units
1200 units
2400 units
600 units
1500 units
3600 units
3000 units

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