just need answer

e 2: Question 13 (4 points) ABC company is a bicycle retailer. The inventory manager is currently reviewing the inventory policy for one popular model that is selling at the rate of 30 per month. The administrative cost for placing an order for this model from the manufacturer is $15 and the purchase price is $10 per bicycle. The annual cost of the capital tied up in inventory is 15 percent of the value (based on purchase price) of these bicycles. The additional cost of storing the bicycles (including leasing warehouse space, insurance, taxes, and so on) is $1.5 per bicycle per year. What is the economic order quantity? age 3: 3 Page 4 Between 55 and 70 4 Between 70 and 85 Page 5: Between 40 and 55 5 Greater than 85 Fewer than 40