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Question 11 (5.5 points) Nexter Corp. uses 6,600 microchips in the company's production process each year. The cost of placing an order is $70 and

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Question 11 (5.5 points) Nexter Corp. uses 6,600 microchips in the company's production process each year. The cost of placing an order is $70 and the cost of holding one unit in inventory for one year is $4. Currently, the company places 6 orders of 1,100 units per year. What is the cost of the company's inventory policy? None of those options is correct. $3,246 O $2,620 $3,890

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