For the next ten questions, use the following information: Stlyez Corp. has a monthly demand of 2,000 units for a product. The product is used at a constant rate over the 365 days. The annual holding cost for the product is estimated to be $4.00 per unit and the cost of placing each order is $150.00. Current order quantity (lot size) is 1000 units. What is the annual holding cost for Stlyez Corp. for their current lot size of 1000 units?
