Jake Pearson is the purchasing agent for ABC Computer Center, a large discount computer store. He has recently added the hottest new computer, the Power model, to the store's stock of goods. Sales of this model now are running at about 100 per month. Jake purchases these computers directly from the manufacturer at a unit cost of $100, and routinely uses the basic EOQ model to determine the store's order size. For this purpose, he estimates that the annual cost of holding items in inventory is 30 percent of their purchase cost. He also estimates that the administrative cost associated with placing each order is $80. With the EOQ quantity, how many orders need to be placed per year? More than 16 Between 14 and 16 Between 12 and 14 Between 10 and 12 Less than 10