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A pharmacy sells three types of syrups. Demand and cost data are summarized as: Syrup-1 Syrup-2...

A pharmacy sells three types of syrups. Demand and cost data are summarized as: Syrup-1 Syrup-2 Syrup-3 Order cost (liras per order) 110 80 65 Purchasing cost (liras per bottle) 2.0 4.0 3.0 Holding cost (liras per bottle per year) 2.4 2.6 2.5 Annual demand (bottles per year) 600 900 800 What should be the optimal order quantities for each type of syrup if there is a budget limitation of 1400 liras which can be used for inventory-on-hand at any given time. What will be the annual cost for this optimal solution.PLease dont use excel and use eoq model system

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