Tom Bergman, owner and operator of the Earplug Superstore, i…

Tom Bergman, owner and operator of the Earplug Superstore, is reviewing the costs associated with the store’s best-selling hearing aid, the BZ15. The data available to Dr. Bergman concerning this device follow.   Demand = 10 units/week Order cost = $3/order Holding cost = $1/unit/year The Earplug Superstore operates 52 weeks a year.   If Tom decides to order at the economic order quantity, what is the sum of the annual ordering cost and holding cost?