9.4. A florist carries an average inventory of $15,000 in cut flowers. The flowers require special storage
Question:
9.4. A florist carries an average inventory of $15,000 in cut flowers. The flowers require special storage and are highly perishable. The florist estimates capital costs at 15%, storage costs at 22%, and risk costs at 40%. What is the annual carrying cost?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Introduction To Materials Management
ISBN: 9781292162355
8th Global Edition
Authors: J. R. Tony Arnold, Chapman, Stephen N., Lloyd M. Clive
Question Posted: