Post Card Depot, an large retailer of post cards, orders 3,572,520 post cards per year from its manufacturer. Post Card Depot plans on ordering post card 8 times over the next year.
Post Card Depot, an large
retailer of post cards, orders 3,572,520 post cards per year from its manufacturer. Post Card Depot plans on ordering post card 8 times over the next year. Post Card Depot receives the same number of post cards each time it orders. The carrying cost is $0.22 per post card per year. The ordering cost is $302 per order.
What is the annual total costs of post card inventory?
(Round the answer to two decimal places).
Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"
