9.3. A company carries an average annual inventory of $300,000. If the estimated capital costs are 12%,

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9.3. A company carries an average annual inventory of $300,000. If the estimated capital costs are 12%, storage costs are 8%, and risk costs are 7%, what does it cost per year to carry this inventory?

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Introduction To Materials Management

ISBN: 9781292162355

8th Global Edition

Authors: J. R. Tony Arnold, Chapman, Stephen N., Lloyd M. Clive

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