Using a computerized Inventory Management System, an Ice Cream Shop franchise continuously monitors the inventory of all the ice cream located at each of their 15 stores and their distribution warehouse. The Ice Cream Shop franchise sells an average of 32 gallons of Vanilla lce Cream every week (for 52 weeks per year). They purchase Vanilla Ice Cream from their supplier at a price of $2.00 per gallon. It takes 1.25 weeks to receive an order from the supplier. Administrative costs for ordering ice cream have been estimated to be $15 per order. Holding Costs =20% of the purchase price per gallon per year. Use the above information to answer the following questions. Question 11 10pts What is the most Economic Order Quantity? 125 gallons of ice cream 256 gilloris of ice cream 353 gallons of ice cream 734 gallons of ice cream What is the optimal interval (in weeks) between orders? (TBO) 9 weeks 11 weeks 5 weeks 15 weeks Question 13 10 What is the total annual cycle-inventory cost for the company's current policy? (using EOQ as ordering lot size) $252 $70 $356 $141