Aldo Retail Company Ltd experiences relatively constant demand of1200 units per month for one of its products. The product, a coffee-making machine, costs the firm $50. Placing an order costs $300 and annual carrying costs are $3 per unit. The firm works 200 days per year and desires a safety stock of 400 units. The lead time for an order is 15 working days. The economic order quantity for Aldo is:

1549.

1200.

6432

None of the above