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Party Animals sells stuffed tigers. Products, Inc., manufactures many different stuffed animals. Party Animals orders 10,400 tigers per year, 200 per week, at $10 per

Party Animals sells stuffed tigers. Products, Inc., manufactures many different stuffed animals. Party Animals orders 10,400 tigers per year, 200 per week, at $10 per tiger. The manufacturer covers all shipping costs. Party Animals earns 12% on its cash investments. The purchase-order lead time is 3 weeks. Party Animals sells 210 tigers per week.

The following data are available (based on management's estimates):

Estimated ordering costs per purchase order $10

Estimated insurance, materials handling, breakage, and so on, per year $3

Actual ordering costs per order $15

What is the economic order quantity using the estimated amounts?

Group of answer choices

119 stuffed tigers

223 stuffed tigers

325 stuffed tigers

273 stuffed tigers

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