1.Suppose Stanley's Office Supply purchases 80,000 boxes of pens every year. Ordering costs are $90 per order and carrying costs are $0.95 per box. What is Stanley's EOQ in Boxes?Enter your answer rounded to two decimal places.For example, if your answer is 12.345 then enter as 12.35 in the answer box.Do not enter comma in the answer box.

3.Use the data from problem 1 and a 365 day year. If the lead time for placing an order is 10 days, and Stanley's Office Supply holds a Safety Stock of 90 days Supply of Boxes of Pens, then at what inventory level in Boxes should an order be placed? Enter your answer rounded to two decimal places. For example, if your answer is 123.45% or 1.2345 then enter as 1.23 in the answer box.