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  book-img-for-question

Introduction To Materials Management

ISBN: 9781292162355

8th Global Edition

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

Question Posted: