Joe's Scuba Diving Shop Has a Favorite Model That Has

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\begin{array}{|l|r|}\hline\text { Annual Demand Rate, } \mathrm{D} & 87 \\hline \text { Setup/Ordering Cost, S } &29 \\hline \text { Holding/Carrying Cost per Unit per } & \\text { Year, H } & \$ \quad 14.00 \\hline \text { Unit price, $ P $}\\hline\\hline \text {Results }\\hline \text { Optimum Order Quantity, } Q^{*}(\mathrm{EOQ}) & \text { A } 18.98 \\hline \text { Maximum Inventory, } \mathrm{Q}^{*} & \mathrm{~B} 18.98 \\hline \text { Average Inventory, } \mathrm{Q}^{*} / 2 & \mathrm{C} 9.49 \\hline \text { Number of Orders, D/Q } & \mathrm{E} 4.58 \\hline\\hline \text { Annual Holding Cost, } \mathrm{HQ}^{*} / 2 & \$ 132.89 \\hline \text { Annual Order Cost, DS/Q } & \$ 132.89\\hline\\hline \text { Annual Unit Costs, } \mathrm{PD} & \$ 0.00 \\hline \text { Total Annual Cost, } \mathrm{T}_{\mathrm{C}} & \mathrm{D} \$ 265.79\\hline\end{array}

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