MySchool Notebook Company uses 130,000 pounds of plastic pellets per year in the production of their custom 3-ring school binders. They buy the pellets at a cost of $0.75/lb delivered. They estimate that it costs them $40 to place and put away an order of pellets. They use an inventory holding rate of 20% of the cost of an item. Calculate the economic order quantity for plastic pellets for MySchool Notebook