The Talbot Company uses electrical assemblies to produce an array of small appliances. One of its high cost $/$ high volume assemblies, the XO$-01,$ has an estimated annual demand of $8,000$ units. Talbot estimates the cost to place an order is $$50,$ and the holding cost for each assembly is $$20$ per year. The company operates $250$ days per year.

Use the information in Scenario $9\mathrm{.}3.$ The purchasing manager decides that, in order to save purchasing time, orders for the XO$-01$ will be placed every three months, or four times per year. How much does this approach cost Talbot in total annual holding and ordering costs $($instead of Talbot ordering using the EOQ quantity$)?$

greater than $$14,000$ but less than or equal to $$18,000$

greater than $$10,000$ but less than or equal to $$14,000$

less than or equal to $$10,000$

greater than $$18,000$