Question
8. The Malibu Company uses 800,000 tons of stone per year. The carrying costs are $400/ton. The cost per order is $1000. Calculate the total
8. The Malibu Company uses 800,000 tons of stone per year. The carrying costs are $400/ton. The cost per order is $1000. Calculate the total costs of optimal inventory.
Select one:
a. $800,000
b. $150,000
c. $200,000
d. $400,000
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Financial Institutions Management
Authors: Anthony Saunders, Marcia Cornett
8th Edition
0078034809, 978-0078034800
