EOQ analysisTiger Corporation purchases 1,190,000 units per year of one component. The fixed cost per order is $24.

The annual carrying cost of the item is 25.2% of its $2.06 cost.

a. Determine the EOQ if (1) the conditions stated above hold, (2) the order cost is zero rather than $24 and (3) the order cost is $24

but the carrying cost is $0.01.

b. (1) If there are no changes in the costs, the EOQ is _______units. (Round to the nearest integer. For infinity, input INF)