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OL Harrison Hidustries produces 4,000 lunch boxes each day. The average number of units in work in process is 12,000, having an average cost of

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OL Harrison Hidustries produces 4,000 lunch boxes each day. The average number of units in work in process is 12,000, having an average cost of $60,000. The annual carrying costs related to inventory are 10%. Consultants have determined that the work in process could be reduced by as much as a third by rearranging the territoor. What would the reduction in annual carrying costs be if Harrison is able to implement the nument changes marks)

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