Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Homework: M6: Cost of Capital and WC Managment -- Chapters Save Score: 0 of 6 pts 12 of 12 (0 complete) HW Score: 0%, 0

image text in transcribed

Homework: M6: Cost of Capital and WC Managment -- Chapters Save Score: 0 of 6 pts 12 of 12 (0 complete) HW Score: 0%, 0 of 55 pts P13-15 (similar to) Question Help 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 41 times over the next year. The carrying cost is $0.03 per zen-zen per year. The order cost is $560 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.) Enter your answer in the answer box and then click Check Answer. ? parts remaining Clear All Check

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International Business Competing In The Global Marketplace

Authors: Charles Hill

14th Edition

1260387542, 9781260387544

More Books

Students also viewed these Finance questions