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A trucking company maintains an inventory of trucks that varies monthly. The ending inventory levels of trucks during the first 8 months of the year

A trucking company maintains an inventory of trucks that varies monthly. The ending inventory levels of trucks during the first 8 months of the year(January to August) were 26,38,31,22,13,9,16,5, respectively. The monthly inventory holding cost is proportional to the monthly ending inventory. Trucks incur the following costs
each truck costs the company $8000
interest rate on the cost of capital is 20% per annum (annually).
each truck incurs a storage cost of 3% per annum of the truck cost.
each truck incurs a liability insurance cost of 2% per annum of the truck cost.
The carrying cost is the total of all costs (capital, storage, and insurance)
Answer the following questions:
1.1 what is the monthly carrying cost per truck?
1.2 What is the total carrying cost incurred by the company over the 8 months (January to August)?
1.3 What is the total annual carrying cost?

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