Details regarding Chovita Corp.'s inventory are given below. The firm's economic order quantity (EOQ) is _____. (Round off the answer to the nearest whole number.)
Ordering cost = $20 per order
Carrying cost = 25% of purchase price
Purchase price = $30 per unit
Total sales for the year = 2,000 units
a) 113
b) 126
c) 142
d) 157