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Ray's Satellite Emporium wishes to determine the best order size for its best - selling satellite dish. Ray has estimated the annual demand for this

Ray's Satellite Emporium wishes to determine the best order size for its best-selling satellite dish. Ray has estimated the annual demand for this model at 992 units. His cost to carry one unit is $109 per year per unit, and he has estimated that each order costs $23 to place. Supposing a $100 discount on each order is given if orders are placed in quantities of 500 or more. If orders are placed in quantities of 500, what is the total annual inventory cost (not including purchase cost)?

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