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Was having some trouble with this question and was wanting to see if anyone could help me out please. Post Card Depot, an large retailer
Was having some trouble with this question and was wanting to see if anyone could help me out please.
Post Card Depot, an large retailer of post cards, orders 4,603,916 post cards per year from its manufacturer. Post Card Depot plans on ordering post card 22 times over the next year. Post Card Depot receives the same number of post cards each time it orders. The carrying cost is $0.29 per post card per year. The ordering cost is $307 per order.
What is the annual total inventory management costs of post card inventory?
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