Annual demand for a particular item is 1.200 units per year (360 days per year). It costs $100 to place an order for this item, and it costs $6 to hold one unit of this item in inventory for one year. If the EOQ model is chosen in this instance, how often will this item be ordered? Multiple Choice 60 times a year 30 times a year 12 times a year 6 times a year 200 times a year