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global material management Let's Practice! Custom Security Inc, assembles custom home security cameras. The security cameras are bought for $38 each and are ordered in
global material management
Let's Practice! Custom Security Inc, assembles custom home security cameras. The security cameras are bought for $38 each and are ordered in quantities of 1900 units. Annual demand is 22,800 cameras, the annual holding cost is $2.50 per unit, and the cost to place an order is estimated to be $80. Calculate the following: 1. The number of orders placed per years 2. The total annual inventory holding cost. 3. The total annual ordering cost. 4. The total annual cost NOTE: This part of the exercise is NOT about EOStep by Step Solution
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