Questions 5 through 13 are based on the following information: A small manufacturing company uses continuous review system for a given product. The average demand for the product is 125 units a day and the unit price is $5. It costs $25 to process each order and there is a seven-day lead-time. The holding cost is 12.5% of the price of the product per year. Company operates 200 days per year. You have been given that the appropriate EOQ is 1415. Typically, how often would they place an order? Or, in other words, what is the time between orders, in days? (round up your answer) 9 12 15 None of the above