Michael's Mechanical sells $18,000$ jettison machines annually. Each machine costs Michael's $$6,000$ to purchase, inventory carrying costs are $36$ percent of the purchase price, and the cost of placing an order with its supplier is $$150.$

What is the EOQ? Round your answer to the nearest whole number.

machines

What is the total inventory cost at the EOQ level? Do not round intermediate calculations. Round your answer to the nearest dollar.

$Michael's Mechanical sells $18,000$ jettison machines annually. Each machine costs Michael's $$6,000$ to purchase, inventory carrying costs are $36$ percent of the

purchase price, and the cost of placing an order with its supplier is $$150.$

a$.$ What is the EOQ? Round your answer to the nearest whole number.

machines

b$.$ What is the total inventory cost at the EOQ level? Do not round intermediate calculations. Round your answer to the nearest dollar.

$

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