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Sarahs Organic Soap Company makes organic liquid soap. One of the raw materials for her soaps is organic palm oil. She needs 1000 kilogram of
Sarahs Organic Soap Company makes organic liquid soap. One of the raw materials for her soaps is organic palm oil. She needs 1000 kilogram of palm oil per day, on average. The supplier charges a $60 delivery fee per order (which is independent of the order size) and $4.75 per kilogram. Sarahs annual holding cost is 25 percent. Assume she operates and sells five days per week, 52 weeks per year. If Sarah orders 8000kg per order, what is the sum of holding and ordering costs per kg sold
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