Our home construction company buys nails in 15-pound boxes. We use an average of 1765 boxes a year. The vendor that makes the nails can produce 30 boxes per day while our usage is 13 boxes per day. It costs $3.30 to place the typical order. Annual carrying costs are $0.75 per box.
What will be our average number of boxes on hand if we order the EOQ bags in each order? (Keep up to two decimal places in your answer)
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