Tops Ltd, a regional supermarket chain, orders 320 000 cans of frozen apple juice per year from a distributor. A can of apple juice delivered to Tops Ltd central warehouse costs N$0,50, including freight charges. The company borrows funds at a 10% interest rate to finance inventories. Tops Ltd's purchasing agent calculates that it costs N$15 (variable cost) to place an order for frozen juice and that the variable annual holding expense (insurance, electricity, and handling) is N$0,10 for each can of juice. Calculate the EOQ.