F-12

Economic order quantity (EOQ). Tinnendo, Inc. believes it will sell 4 million zen-zens, an electronic game, this coming year Note that this figure is for annual sales. The inventory manager plans to order zen-zens 31 times over the next year. The carrying cost is $0.02 per zen-zen per year. The order cost is $660 per order. What are the annual carrying cost, the annual ordering cost, and the optimal order quantity for the zen-zens? Verify your answer by calculating the new total inventory cost ..... What is the annual carrying cost for the zen-zens? (Round to the nearest dollar.) What is the annual ordering cost for the zen-zens? $(Round to the nearest dollar.) What is the optimal order quantity for the zen-zens? zen-zens (Round to the nearest whole unit) At the EOQ, what is the new total inventory cost? (Round to the nearest dollar.)