Question: and the holding cost for each chip is $ 2 0 per year. The company operates 3 2 0 days per year. Company in total

and the holding cost for each chip is $20 per year. The company operates 320 days per year. Company in total annual holding and ordering costs (instead of ordering using the EOQ quantity)?
greater than $20,000
greater than $10,000 but less than or equal to $15,000
greater than $15,000 but less than or equal to $20,000
less than or equal to $10,000
 and the holding cost for each chip is $20 per year.

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