Custom Computers, Inc. assembles custom home computer systems. The heat sinks needed are bought for $12 each. Annual demand is 5,640 heat sinks, the annual inventory holding cost rate is $3 per unit, and the cost to place an order is estimated to be $59. Bill Maze, recently hired by Custom Computers, Inc., has suggested using the economic order quantity for the heat sinks.

The EOQ is 471.

What is the average inventory level under the economic order quantity policy?

What is the number of orders placed per year under the economic order quantity policy?

What is the total annual ordering cost under the economic order quantity policy?

What is the total annual holding cost under the economic order quantity policy?

What is the total annual cost under the economic order quantity policy?