Determine the number of orders that New Horizon Traders should place during $2018,$ which also takes into account the most economical order quantity, given the following information:

INFORMATION

During $2018,$ New Horizon Traders $($NHT$)$ sold $7200$ units of a popular product. NHT sold each unit of the product for R$1200$ at cost plus $50\%.$ Ordering cost amounted to R$24$ per order and the holding cost per unit was equivalent to $1\%$ of the unit cost of the product.

A$.$ Approxmately $17$ orders

$19.$ Apromimately $14$ orders

C Acproamaty $11$ orders

D$.$ Approxitately $7$ orders