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Homework: M6: Cost of Capital and WC Managment -- Chapters Save Score: 3 of 6 pts 12 of 12 (12 complete) HW Score: 76.52%, 42.08

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Homework: M6: Cost of Capital and WC Managment -- Chapters Save Score: 3 of 6 pts 12 of 12 (12 complete) HW Score: 76.52%, 42.08 of 55 pts W P13-15 (similar to) Question Help o 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 43 times over the next year. The carrying cost is $0.03 per zen-zen per year. The order cost is $515 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? $ 1,395 (Round to the nearest dollar.) What is the annual ordering cost for the zen-zens? $ 22,145 (Round to the nearest dollar.) What is the optimal order quantity for the zen-zens? 370,585 zen-zens (Round to the nearest whole unit.) At the EOQ, what is the new total inventory cost? (Round to the nearest dollar.) Enter your answer in the answer box and then click Check Answer. All parts showing Clear All Check

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