A retailer experiences an average daily demand of 50 units of a particular variety of soap. The retailer purchases the soap at $20 per unit and the inventory carrying cost is 20% of the purchase price. The ordering cost for this retailer is estimated to be $250.50 per order. The retailer keeps his store open for 350 days a year. What is the cycle stock? Group of answer choices 740 760 730 720 760