Use This Information to Answer the Following Questions

Multiple Choice

Use this information to answer the following questions.
A bakery buys sugar in 15-pound bags.The bakery uses 5000 bags of sugar each year.Carrying costs are $20 per bag per year.Ordering costs are estimated at $5 per order.Assume that the bakery is open 250 days a year and its daily demand is estimated at 20 bags.It takes 5 days for each order of sugar to be filled.
-Refer to the information above.What is the minimum inventory held in a given EOQ cycle?

A) 0 bags
B) 2500 bags
C) 50 bags
D) 25 bags
E) 100 bags