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Post Card Depot, a large retailer of postcards, orders 3806306 postcards per year from its manufacturer. Post Card Depot plans on ordering postcards 16 times
Post Card Depot, a large retailer of postcards, orders 3806306 postcards per year from its manufacturer. Post Card Depot plans on ordering postcards 16 times over the next year. Po Card Depot receives the same number of postcards each time it orders. The carrying cost is $0.27 per postcard per year. The ordering cost is $213 per order. What is the annual ordering cost of the postcard inventory? Round the answer to two decimal places. $
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