Using the EOQ$$ model, if a$$ firm's order quantity is $500$ units and its annual holding cost is greater than its annual setup$$ cost$,$ then what can we say about the optimal order$$ quantity?

Part $2$

A$.$

Optimal order quantity$>500$ units

B$.$

Optimal order quantity$<500$ units

C$.$

Optimal order quantity$=500$ units

D$.$

Not enough information is given to answer the question.