Given the following economic order quantity $($EOQ$)$ model and its associated cost curves. The EOQ is $600$ units, but due to transportation constraint, the company has to purchase $680$ units per order. Compared to ordering at the EOQ quantity, which of the following statements is correct?

The annual holding cost will be lower but annual ordering cost will be higher. The net effect is that the annual total cost will be slightly lower.

Both the annual holding and ordering costs will be lower. The net effect is that the annual total cost will be slightly lower.

The annual holding cost will be higher but annual ordering cost will be lower. The net effect is that the annual total cost will be slightly higher.

The annual holding cost will be lower but annual ordering cost will be higher. The net effect is that the annual total cost will be slightly higher.

Both the annual holding and ordering costs will be higher. The net effect is that the annual total cost will be slightly higher.