Question $4(5$ points$)$

Vilas County Hospital consumed $400$ boxes of bandages per week last year. The price of bandages was $$80$ per box, and the hospital operates $52$ weeks per year. The cost of processing an order was $$64,$ and the cost of holding one box throughout a full year was $20\%$ of the value of the material. Last year the hospital ordered bandages, on average, once every two weeks, each time ordering $800$ boxes. What extra cost did the hospital incur that could have been avoided if the EOQ concept had been applied?

more than $$650$ and less than $$1,050$

more than $$1,450$

less than or equal to $$650$

more than $$1,050$ and less than $$1,450$