Application Assignment 4 6-20 Annual demand = 100,000 $10 every time an order is placed Cost of carrying one screw in inventory for a year is 0.5 cents Demand is constant throughout the year a) How many number 6 screws should Lila order at a time if she wishes to minimize total inventory cost? EOQ = sqrt(2*100,000*10/(0.5/100)) = 20,000