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What are the annual carrying? cost

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Question - 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 37 times over the next year. The carrying cost is ?$0.03 per? zen-zen per year. The order cost is ?$693 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.

Reference no: EM133163162

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