Buyer: Part-2 (2 of 3) You are a buyer for a widget: Annual Demand = 1200 (assume

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Buyer: Part-2 (2 of 3)

You are a buyer for a widget:

Annual Demand = 1200 (assume continuous constant rate)

Price = $40

Order Cost = $2000

Inventory Holding Cost = 20%

Lead Time = 14-Days

Based on the optimal order size, what is the total holding cost per year?

Do not round until your final answer. Round final answer to 2 decimal places.

Related Book For answer-question

Fundamentals of Law Office Management

ISBN: 978-1133280842

5th edition

Authors: Pamela Everett Nollkamper

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Posted Date: May 13, 2024 06:15 AM

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Buyer: Part-2 (2 of 3) You are a buyer for a widget: Annual Demand = 1200 (assume

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Fundamentals of Law Office Management

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