Q$7\mathrm{.}10*($Cat Food$)$ Cat Lovers Inc. $($CLI$)$ is the distributor of a very popular blend of cat food that sells for $$1\mathrm{.}25$ per can. CLI experiences demand of $500$ cans per week on average. They order the cans of cat food from the Nutritious & Delicious Co$.($N&D$).$ N&D sells cans to CLI at $$0\mathrm{.}50$ per can and charges a flat fee of $$7$ per order for shipping and handling.

CLI uses the economic order quantity as their fixed order size. Assume that the oppor$-$ tunity cost of capital and all other inventory cost is $15$ percent annually and that there are $50$ weeks in a year.

How many cans of cat food should CLI order at a time?

What is CLI$$s total order cost for one year?

What is CLI$$s total holding cost for one year?

WhatisCLI$$sweeklyinventoryturns$?$