Smelly Cat Food Supplies expects sales of its cat food to be $125,000 this year. The company has an ordering cost of $40 per order, and carrying costs of $4.25 per case. The price of a case of cat food is $25.

Required: Fill in the blanks below and please round to the nearest dollar. ONLY RECORD ROUNDED WHOLE NUMBERS! No decimals, dollar signs, or commas.

a. What is the economic ordering quantity? Answer

b. ASSUMING the economic ordering quantity is 250 cases, how many orders will be placed during the year? Answer

c. ASSUMING the economic ordering quantity is 250 and the company maintains a safety stock of 25 cases, what is the companys average inventory level? Answer