Real Estate Investment Trust (REIT) is: A defined as a UIT under the Investment Company Act of 1940 B defined as a management company under the Investment Company Act of 1940 C not regulated by the Investment Company Act of 1940 but is subject to SEC regulation D neither regulated by the Investment Company Act of 1940 nor the SEC

An allergy products superstore buys 6000 of their most popular model of air filters each year. the price of the air filters is $18. the cost of ordering and receiving shipments is $12 per order. accounting estimates annual carrying costs are 20% of the price. the supplier lead time is 2 days. the store operates 240 days per year. each order is received from the supplier in a single delivery. there are no quantity discounts. what is the store’s minimum total annual cost of placing orders & carrying inventory?