Methawks Corporation Has the Following Information

Multiple Choice

Methawks Corporation has the following information:
Average demand = 30 units per day
Average lead time = 40 days
Item cost = $45
Ordering cost = $50
Inventory carrying cost = 15%
The business year is 300 days.
-What is the EOQ size of each order?

A) 365
B) 398
C) 402
D) 287
E) 300