Question
Post Card Depot, an large retailer of post cards, orders 8,830,847 post cards per year from its manufacturer. Post Card Depot plans on ordering post
Post Card Depot, an large retailer of post cards, orders 8,830,847 post cards per year from its manufacturer. Post Card Depot plans on ordering post card 17 times over the next year. Post Card Depot receives the same number of post cards each time it orders. The carrying cost is $0.21 per post card per year. The ordering cost is $493 per order.
What is the annual carrying costs of post card inventory (round the answer to two decimal places)?
Your Answer:
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International Financial Markets And The Firm
Authors: Piet Sercu, Raman Uppal
1st Edition
1861523548, 978-1861523549
