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The following information applies to Krynton Corp. which supplies microscopes to laboratories throughout the country. Krynton purchases the microscopes from a manufacturer which has a

The following information applies to Krynton Corp. which supplies microscopes to laboratories throughout the country. Krynton purchases the microscopes from a manufacturer which has a reputation for very high quality in its manufacturing operation.
Annual demand(weekly demand=1/52 of annual demand)
18,000 units
Orders per year as per EOQ model
17
Lead time in days
16 days
Annual relevant carrying costs
$2,800
What are the annual relevant ordering costs, assuming that relevant total costs are minimal?

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