Question $18(1$ point$)$

Saved

Jack's Warehouse has an SKU costing $$20$ and is ordered in quantities of $500$ units. The annual demand is $6,000$ units, carrying cost is $25\%,$ and the cost of placing an order is $$50.$ Calculate an estimate for the following items, for order quantities of $500.$ What is the total annual cost of ordering and carrying the inventory?

$$1850$

$$600$

$$1950$

$$2000$

$$2140$