Exercise 16.20 Oriole Inc. uses 121 kilograms of material X per year. Material X costs $35.00 per kilogram. It costs $1.10 to place an order and $2.20 per kilogram to store material X. Currently, Oriole is ordering material X in 17-kilogram batches. Is this the most economical order size? If not, what is the economic order quantity? How much will Oriole save by using the EOQ? (Round answers to 2 decimal places, e.g. 125.74.) Economic order quantity kilo grams Oriole will save per year $