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Your answer is partially correct. Ayayai Ltd, uses 2.250 metres of fine gage brass each year, Brass wire costs $12 per metre, ordering costs are

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Your answer is partially correct. Ayayai Ltd, uses 2.250 metres of fine gage brass each year, Brass wire costs $12 per metre, ordering costs are $64 per order, and carrying costs are $3.20 per metre. Currently, Ayayal orders 500 metres in each order. Is this the most economical order size? If not, what is the economic order quantity? How much will Ayayal save using the EOQ? (Round answers to 2 decimal places, es. 125.74.) Economic order quantity 300.00 metres Ayayal will save $ 200.00 per year eTextbook and Media

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