Use the givens provided below to answer this question.  At w…

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 = 15% of the unit cost Unit cost = $100 Ordering cost = $400 Annual demand = 45,000 Present lot size = 750

Using the givens provided below, find the lot size at which…

Using the givens provided below, find the lot size at which annual holding costs would be equal to annual ordering cost.  Choose the closest answer. Annual demand = 5000 Unit cost = $50 Ordering cost = $200 Holding cost = $20 per unit Present lot size = 500