de EOQ analysis Tiger Corporation purchases 1,190,000 units per year of one component 27.7% of its $1.76 cost The fxed cost per order is $22. The annual carrying cost of the tem is a. Determine the EOO it (1) the conditions stated above hold, (2) the order cost is zero rather than $22, and (3) the order cost is $22 but the carrying cost is $0.01. b. What do your answers illustrate about the EOQ model? Explain. a.(1) If there are no changes in the costs, the EOQ is units. (Round to the nearest integer. For infinity, input INF (2) If the fixed cost per order is so, the EOO isunits (Round to the nearest integer. For infinity, input INF) (3) If the annual carrying cost of the item is S0.01, the EOO isunits. (Round to the nearest integer. For infinity, input INF) b. Is the following statement about the EOQ model true or false?(Select from the drop-down menu.) The EOQ model is not useful when ordering costs are zero. As shown in part a, when the fixed cost per order is zero the model is not realistic. With zero ordering costs the firm is shown to never place an order