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The manager of the Quick Stop Corner Convenience Store (which never closes) sells four cases of Stein beer each day

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The manager of the Quick Stop Corner Convenience Store (which never closes) sells four cases of Stein beer each day. Order costs are $8.00 per order, and Stein beer costs $0.80 per six-pack (each case of Stein beer contains four six-packs). Orders arrive three days from the time they are placed. Daily holding costs are equal to 5 percent of the cost of the beer.

If he were to order 16 cases of Stein beer at a time, what would be the average daily total inventory costs, excluding the cost of the beer?