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Michael's Mechanical sells 9 , 0 0 0 ?jettison machines annually. Each machine costs Michael's $ 3 , 0 0 0 ?to purchase, inventory carrying
Michael's Mechanical sells ?jettison machines annually. Each machine costs Michael's $ ?to purchase, inventory carrying costs are ?percent of the purchase price, and the cost of placing an order with its supplier is $
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.
$
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