View Policies Current Attempt in Progress The office manager for the Metro Life Insurance Company orders letterhead stationery from an office products firm in boxes of 500 sheets. The company uses 7,500 boxes per year. Annual carrying costs are $4.25 per box, and ordering costs are $25. The following discount price schedule is provided by the office supply company: Order Size Price per Box 200-999 $17 1000-2999 15 3000-5999 13 6000+ 12 Determine the optimal order quantity and total annual inventory cost for boxes of stationery if the carrying cost is 25% of the price of a box of stationery. (Round answer to 2 decimal places, e.g. 52.75.) Optimal order quantity of stationery Total annual cost