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Nissan orders TunnelFire all - weather brand tires for its Nissan Leafs, where 4 tires ( 1 set ) are used per car. Nissan pays

Nissan orders TunnelFire all-weather brand tires for its Nissan Leafs, where 4 tires
(1 set) are used per car. Nissan pays $190 for each tire and estimates that the annual holding
cost is 35% of each tires value. It costs approximately $550 to place an order (clerical costs).
Nissan currently orders 2,000 sets of tires per order. Use the demand/sale observations in the
past 12 months to estimate the annual demand.
(a) Determine all relevant costs for the current order quantity (denoted as COQ).
(b) Then, calculate the EOQ as w

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