Tinnendo inc believes it will sell 4 million zen-zens an, Ask an Expert

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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 49 times over the next yearr. The carrying cost is $0.04 per zen-zen per year. The order cost is $691 per order.

Required:

What are the annual carrying cost

The annual ordering cost

The optimal order quantity for the zen-zens

Verify the answer by calculating the new total inventory cost.

Note: Please provide full description.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91147850

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