Question
demand is 27000 kg per year , inventory holding cost is $1.75 per kg per year. cost of placing and processing each order is $14,
demand is 27000 kg per year , inventory holding cost is $1.75 per kg per year. cost of placing and processing each order is $14, it is estimated that hard plastic will cost an average of $0.90
the cost of hard plastic could vary from $1.90 per kg to $0.75 during the year
a company offers 7.5% bulk purchase discount on orders of hard plastic of 10000 kg or more.
what is the total annual cost of hard plastic?
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Accounting Volume 2
Authors: James Reeve, Jonathan Duchac, Sheila Elworthy, Carl S. Warren
2nd Canadian edition
176501452, 978-0176501457, 978-0176509743
