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The inventory ordering policy of Wonder Co0 is to order 100,000 units when the inventory level falls to 20,000 units. The cost of placing and
The inventory ordering policy of Wonder Co0 is to order 100,000 units when the inventory level falls to 20,000 units. The cost of placing and processing an order is $200, while the cost of holding inventory is $0.50 per unit per year. Orders are received one week after being placed with the supplier. The production requirement for the next year ( 50 weeks) is 600,000 units. What is the cost of Wonder Co's inventory ordering policy (to the nearest \$)
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