Question: Question 11 10 pts A food processor uses approximately 324,000 glass jars a year for its fruit juice product. Because of storage limitations, a lot

Question 11 10 pts A food processor uses approximately 324,000 glass jars a year for its fruit juice product. Because of storage limitations, a lot size of 2,000 jars has been used. Yearly holding cost is $2.16 per jar, and reordering cost is $50 per order. The company operates an average of 20 days a month. What penalty (per year) is the company incurring by its present order size (correct your answer to 3 decimal places if necessary)

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