Question
Buyer: Part-2 (2 of 3) You are a buyer for a widget: Annual Demand = 1200 (assume continuous constant rate) Price = $40 Order Cost
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.
Step by Step Solution
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Step: 1
Okay lets calculate the total holding cost per year b...
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Fundamentals of Law Office Management
Authors: Pamela Everett Nollkamper
5th edition
9781285687179, 1133280846, 1285687175, 978-1133280842
