S Company sells wood pellets used in heating stoves and slow-cook grills. The supplier for the pellets pays all incoming freight. Following is detailed data collected regarding pellet inventory needs:
Annual demand for wood pellets	65,000	bags
Ordering cost per purchase order	$ 120.00
Carrying cost per year	15%	of purchase costs
Safety-stock requirements	None
Cost of wood pellets per bag	$ 4.35
Purchasing lead time	3	weeks
S Company is open 240 days per year (48 weeks for 5 days a week).

Carrying cost :			per bag per year
Economic Order Quantity:			bags
Orders per year			orders
Demand Each Working Day			bags
Demand per week			bags
Reorder point			bags