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Green Tees, an on line retailer of t-shirts, orders 100,000 t-shirts per year from its manufacturer. The firm plans on ordering t-shirts 15 times over
Green Tees, an on line retailer of t-shirts, orders 100,000 t-shirts per year from its manufacturer. The firm plans on ordering t-shirts 15 times over the next year. The firm receives the same number of t-shirts each time it orders. The carrying cost is $0.10 per shirt per year. What is the annual carrying cost of the t-shirt inventory (rounded to the nearest dollar)?
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