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The Laurel Creek Lawn Shop sells Fastgro Fertilizer. The Annual demand for the fertilizer is 2 8 0 , 0 0 0 pounds. The cost

The Laurel Creek Lawn Shop sells Fastgro Fertilizer. The Annual demand for the
fertilizer is 280,000 pounds. The cost to order the fertilizer from the Fastgro Company is
$100 per order. The annual carrying cost is $.25 per pound. The store operates with
shortages, and the annual shortage cost is $.70 per pound. Compute the optimal order
size, minimum total inventory cost, and maximum shortage level. (10 points)(Round
answers to the second decimal place)

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