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Friendly Home Services expects sales of baskets to be $151,250 this year, an ordering cost of $75.00 per order, and carrying costs of $3.00 per
Friendly Home Services expects sales of baskets to be $151,250 this year, an ordering cost of $75.00 per order, and carrying costs of $3.00 per basket. The price of a basket is $25. They want to carry safety stock of 120 units.
What is the total cost of ordering and carrying inventory? Round to the nearest whole number, do not use commas or $ in your answers.
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