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Ordering and Carrying Costs Ottis, Inc., uses 728,610 plastic housing units each year in its production of paper shredders. The cost of placing an order

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Ordering and Carrying Costs Ottis, Inc., uses 728,610 plastic housing units each year in its production of paper shredders. The cost of placing an order is $30. The cost of holding one unit of inventory for one year is $16. Ourrently. Ottis places 149 orders of 4.890 plastic housing units per year Required: 1. Comoute the annual ordering cost. 2. Compute the annual carrying cost. 3. Compute the cost of Ottin's current inventory policy Is this the minimum cost

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