Use the givens provided below to solve the problem.

Find the annual holding cost if the company is using their present lot size?

Do not use EOQ. Use the present lot size.

Choose the closest answer.

Annual demand $=8000$

Holding cost $=$$$30$ per unit per year

Unit cost $=$$$75$ per unit

Ordering cost $=$$$400$ per order

Present lot size $=600$

$$6667$

$$6928$

$$6425$

$$7964$

$$5333$

$$9000$