Question $3$

$10$ pts

Using the following givens, what would be the time between orders in weeks? Annual demand $=3000$ units. Holding costs $=$$$20.$ Ordering cost $=$$$2000.$ Lot size $=150$ units. Unit cost $=$$$200$

$($Choose the closest answer$)$

$20$

$3\mathrm{.}9$

$3\mathrm{.}5$

$1\mathrm{.}6$

$13\mathrm{.}4$

$2\mathrm{.}6$