Question supplier charges $5.63 per litre of food colouring. Using the Economic Order Quantity formula, what is the optimal order size that minimises total cost (in Litres of food colouring per order)? a. 1265 litres b. 736 litres c. 1067446 litres d. 26 litres e. 1033 litres Clear my choice Question Using the Economic Order Quantity formula and the data provided above, how many orders will have to be made in a single year? The choices below are all rounded to the nearest integer. a. 18 orders b. 15 orders c. 519 orders d. 13 orders e. 79 orders Clear my choice Question ordering cost for all the orders throughout the year. a. $87732 b. $11778 c. $25269 d. $82360 e. $81843 Clear my choice