Use the information below to calculate the number of orders per year when using the EOQ:

Annual demand for an item is $35,000$ units

The cost to place an order is $$150$

The per unit cost of the item is $$40\mathrm{.}00$

The annual holding rate is $35\%$

Round to the nearest whole number.

a$.59$

b$.866$

c$.40$

d$.291$