9. TeeMeUp, an online retailer of t-shirts, orders 80,000 t-shirts per year from its manufacturer. Ready will order t-shirt 12 times over the next year.
9. TeeMeUp, an online retailer of t-shirts, orders 80,000 t-shirts per year from its manufacturer. Ready will order t-shirt 12 times over the next year. TeeMeUp recieves the same number of t-shirts each time it orders. The carrying cost is $0.10 per shirt per year. The order cost is $500 per order. What is the annual ordering cost of the t-shirt inventory (rounded to the nearest dollar)?
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Authors: Roger Staiger
2nd Edition
1138046183, 978-1138046184
