Question
The High-Rise Building Company (HRBC) uses 416,160 tons of stone per year. The carrying costs are $100/ton. The cost per order is $500. Calculate the
The High-Rise Building Company (HRBC) uses 416,160 tons of stone per year. The carrying costs are $100/ton. The cost per order is $500. Calculate the optimal carrying costs. (Assume a linear usage rate and that HRBC runs its inventory down close to zero as the replenishment order arrives.)
Multiple Choice
$204,000
$102,000
$77,000
$52,000
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Public Finance A Contemporary Application of Theory to Policy
Authors: David N Hyman
11th edition
9781305474253, 1285173953, 1305474252, 978-1285173955
