Question $1$

$10$ pts

Using the following givens, what would be the annual holding cost? Annual demand $=3000$ units. Holding costs $=$$$20.$ Ordering cost $=$$$2000.$ Lot size $=275$ units. Unit cost $=$$$200$

$($Choose the closest answer$)$

$7746$

$1375$

$1500$

$21818$

$4623$

$2750$

$40000$