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