Ordering and Carrying Costs Ottis, Inc., uses 683,910 plastic housing units each year in its production of paper shredders. The cost of placing an order is $29. The cost of holding one unit of inventory for one year is $20. Currently, Ottis places 149 orders of 4,590 plastic housing units per year. Required: 1. Compute the annual ordering cost. $fill in the blank 1 2. Compute the annual carrying cost. $fill in the blank 2 3. Compute the cost of Ottis’s current inventory policy. $fill in the blank 3 Is this the minimum cost?

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