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The Digitech Co. Ltd requires 80,000 units per annum of a certain component for its manufacturing process. The Economic Order Quantity for Digitech Co Ltd

The Digitech Co. Ltd requires 80,000 units per annum of a certain component for its manufacturing process. The Economic Order Quantity for Digitech Co Ltd is 1600 units.The estimated cost per order is $8, and the carrying cost is $0.50 per unit.

Total cost of ordering and carrying the components each year will be:

Select one:

a.$400

b.$1600

c.$800

d.$1,000

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