A merchandising company sells a particular product that is estimated to have approximately $1,500$ sales this year. The purchasing department estimates that it will cost approximately $$200$ to place an order for this product; $$180$ fixed and $$20$ variable. The total annual carrying cost for this product is $$1,500.$ What is the product$$s EOQ?

Responses

A$)20$

B$)735$

C$)19$

D$)775$