Answer the Following Question(s) Using the Information Below

Answer the following question(s) using the information below:
The Wood Furniture company produces a specialty wood furniture product, and has the following information available concerning its inventory items:
Annual demand is 10,000 packages per year. The purchase price per package is $16.
-What is the economic order quantity?

A) 150,000 units
B) 1,000 units
C) 75,000 units
D) 5,000 units
E) 1,464 units