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Bulldog Fencing Company wishes to know its combined annual ordering and holding costs for its fencing. The company has one inventory item, fencing. The annual

Bulldog Fencing Company wishes to know its combined annual ordering and holding costs for its fencing. The company has one inventory item, fencing. The annual demand is 10,000 units of fencing. The optimal order quantity has been determined to be 2000 units and the order cost is $100. The holding cost is $0.50 per unit per year. What is the annual holding cost for Bulldog Fencing Company?
940
467
700
1000
None of the options are correct

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