The Xenopeltis Company estimates its requirement, which is 39,000 units semiannually at a price of $4 per unit. The carrying cost at 15% of the price and its ordering cost at $90 per order. On a...

The Xenopeltis Company estimates its requirement, which is 39,000 units semiannually at a price of $4 per unit. The carrying cost at 15% of the price and its ordering cost at $90 per order. On a 360-day basis, about How much would be the number of orders to be placed in a year?

approximately 10 orders in a year
A. approximately 12 orders in a year
B. approximately 8 orders in a year
C. approximately 4 orders in a year
D. approximately 16 orders in a year