The UMD bookstore expects to sell about 9,000 books in management area next year. We understand the annual carrying cost is currently $16 per title. Every time when the bookstore needs to order a book, it must spend $75 for transportation. We assume that the bookstore opens 300 days a year. What is the total annual cost if the EOQ quantity is ordered? Select one: a. 2323.76 b. 4647.58 c. 4800 d. 5313.97 e. None of the above.
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