Economic Order Quantity Ottis, Inc., uses 656,100 plastic housing units each year in its production of paper shredders. The cost of placing an order is $36. The cost of holding one unit of inventory for one year is $18. Currently, Ottis places 162 orders of 4,050 plastic housing units per year. Required: 1. Compute the economic order quantity. 1,620 units 2. Compute the ordering, carrying, and total costs for the EOQ. Ordering cost 14,580 Carrying cost 14,580 Total cost 29,160 3. How much money does using the EOQ policy save the company over the policy of purchasing 4,050 plastic housing units per order? Round your answer to the nearest dollar 14,098 Feedback