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Jordin Henry's machine shop uses 2 , 4 7 0 brackets during the course of a year. These brackets are purchased from a supplier 9

Jordin Henry's machine shop uses 2,470 brackets during the course of a year. These brackets are purchased from a supplier 90 miles away. The following information is known about the brackets:
Annual demand =2,470
Holding cost per bracket per year = $1.60
Order cost per order = $18.75
Lead time =2 days
Working days per year =250
a) What is the EOQ?
(round your response to two decimal places).

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