Question
Question 16 25 pts Last year we ordered 60,238 units for the entire year . Last year our inventory carrying cost was 30.8% .
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Question 16 25 pts Last year we ordered 60,238 units for the entire year . Last year our inventory carrying cost was 30.8% . Last year our cost to place an order was $29.27 . Last year our unit price was $130.7 What would the COST TO PLACE AN ORDER need to be if: This year our goal is to have a 7.5% inventory reduction (example: a 10% reduction in $100 of inventory becomes $90 in inventory) This year our goal is to have a 6.4% increase in sales (example: a 10% increase in sales of 100 units becomes 110 units) . This year our goal is to reduce inventory carrying cost by 0.73% (example: reducing an ICC of 25.0% by 0.75% becomes 24.25%) . This year our goal is to have a 3.7% reduction in unit price (example: a 10% reduction in a $10 unit cost becomes a $9 unit price) ALL goals are achieved
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