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Assume the costs of the GM soymilk maker and GM cooker are $35 per unit. The annual inventory carrying cost is 18% of the product
Assume the costs of the GM soymilk maker and GM cooker are $35 per unit. The annual inventory carrying cost is 18% of the product cost. Please answer the following questions:
- For GM soymilk maker, calculate the annual shipping and inventory carrying costs under either full or half container. Which is better: full vs. half container?
- For GM cooker, calculate the annual shipping and inventory carrying costs under either full or half container. Which is better: full vs. half container?
See attached Data chart
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