Please answer within 15-30min. (j)

The Green Monster baseball team has recently assigned a long- time employee Mr. Ortiz to the grounds crew. One of Mr. Ortiz's responsibilities is ordering the fertilizer needed to keep the grass playing field in top condition. The grounds crew uses fertilizer at a steady rate 48 pounds per week. The fertilizer costs $12 per pound, and the supplier charges a fixed fee of $100 per order. Green Monster's inventory holding cost is 0.5% per week. If Mr. Ortiz chooses an order quantity of 50 pounds, what is their weekly ordering and inventory holding cost? 030 0 51 0 97.5 O 365