TS Co has daily demand for ball bearings of 40a day for each of the 250working days (50 weeks) of the year. The ball bearings are purchased from a local supplier for $2each. The cost of placing an order is $64per order, regardless of the size of the order. The inventory holding costs, expressed as a percentage of inventory purchase price, is 25% per annum.What is the economic order quantity? ball bearings