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Annual demand is 7 4 0 0 0 per year. Holding cost, h , is $ 1 . 8 9 per unit per year, and

Annual demand is 74000 per year. Holding cost, h, is $1.89 per unit per year, and
ordering cost, S, is $175 per order. Manager, using continuous review inventory model,
currently orders 5000 units every time she/he places an order.
(a) How many times she/he places orders annually? What is the annual holding cost
HC, the annual ordering cost SC and the total cost TC?

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