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Levine electrical supply purchases copper wire for $5.25 per pound from their supplier. The annual usage of copper wire is 250,000 pounds. This copper is

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Levine electrical supply purchases copper wire for $5.25 per pound from their supplier. The annual usage of copper wire is 250,000 pounds. This copper is imported from Peru and each order costs $500 to place the order, track and trace the international order, clear customs, and arrange for delivery. The cost of carrying inventory is 20%. What is the economic order quantity for this product? If ordering the economic order quantity, what will be the annual holding cost? If ordering the economic order quantity, what will be the annual ordering cost? If ordering the economic order quantity, how many orders per year will be placed

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