HealthFirst produces N95 masks at a rate of 3000 boxes a day. It costs $1500 to set up production equipment and tools to produce this special mask. The annual holding cost is 25% of the cost of a box. The demand for the N95 mask is 1000 boxes per day and the cost is $72 per box. Assume 250 working days a year. Which of the range includes the cycle inventory level for the optimal inventory policy.

options:

between 3700 and 4000

between 2700 and 3700

less than 2700

more than 4000