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A retailer sells 3 5 0 ?coffee machines each month. The coffee machines are purchased from a supplier in China, which sells coffee machines in

A retailer sells 3 5 0 ?coffee machines each month. The coffee machines are purchased from a supplier in China, which sells coffee machines in large crates, with each crate containing 1 0 0 ?coffee machines. The supplier charges the retailer $ 1 4 ?per bottle and an ordering cost of $ 1 2 0 ?per order. The wine shop's annual inventory holding cost percentage is 1 0 % . ?
If the retailer's order quantity is 7 ?crates, then what is its annual cost of ordering and holding inventory?

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