The Lolo and Lulu Co$.$ wants to ensure that service and risk costs associated with its inventory does not exceed $10\%$ of total inventory carrying cost in any period. Given the following information, is the company$$s supply chain team is currently achieving this goal?

Cost Component Value $($$$)$

Capital $ $75,000,000\mathrm{.}00$

Storage $ $25,500,000\mathrm{.}00$

Service

Risks $ $5,250,000\mathrm{.}00$

Total Cost $ $106,450,000\mathrm{.}00$

True

False