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Ollahs Organic Pet Shop sells about 5,000 bags of free-range dog biscuits every year. The fixed ordering cost is $11, and the cost of holding a bag in inventory for a year is $3.00. Click the icon to view the table of z values. a. What is the economic order quantity for the biscuits? The EOQ is (Enter your response rounded to the nearest whole number) b. Suppose Ollah decides to order 260 bags at a time. What would the total ordering and holding costs for the year be? (For this problem, dont consider safety stock when calculating holding costs The total ordering and holding costs are SEnter your response rounded to the nearest dolílar) Enter your answer in each of the answer boxes.
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