Question $39$

Use the givens provided below to answer this question. At which lot size is the annual holding costs equal to annual ordering cost. Choose the closest answer.

Holding cost $=30\%$ of the unit cost

Unit cost $=$$$100$

Ordering cost $=$$$400$

Annual demand $=45,000$

Present lot size $=750$

$657$

$1,314$

$1,446$

$1,095$

$490$

$750$

$1,643$