Travel Inn Express spends $89,700 a week to pay bills and maintains a lower cash balance limit of $27,000. The standard deviation of the disbursements is $11,400. The applicable weekly interest rate is .041 percent and the fixed cost of transferring funds is $48. What is the optimal upper cash limit based on the MillerOrr model?

Multiple Choice

• $85,118

• $51,359

• $94,540

• $49,513

• $106,359