Question

For the EOQ policy, the total annual cost (the sum of the

holding and fixed order costs) for oats is: Group of answer choices
a.900
b.1210
c.1065
d.1300

Answer 1

The total annual cost for oats under the EOQ policy is $1065.

Step-by-step explanation:

The total annual cost for oats under the EOQ (Economic Order Quantity) policy is the sum of the holding cost and the fixed order cost. The EOQ policy helps businesses determine the optimal order quantity to minimize costs. In this case, the total annual cost would be $1065.