quarter inch stainless steel bolts $1\mathrm{.}5$ inches long are consumed in a factory at a fairly steady rate of $50$ per week. the bolts cost the plant $2$ cents each. it costs the plant $10$ to inititate an order, and holding cost are based on an annual interest rate of $20$ percent. the factory runs $52$ weeks every year. what is the annual holding cost of the factory for these quarter$-$inch stainless steel bolts