A company with an inventory that has a $0.5 per unit carrying cost. The fixed...

80.2K

Verified Solution

Question

Finance

image

A company with an inventory that has a $0.5 per unit carrying cost. The fixed order cost is $66 per order and the firm orders 8,000 units per month. Calculate the total inventory cost for this company? Round the total inventory cost to 2 decimals (e.g. 22.05), and the unit is $. Your Answer: Answer units A company with an inventory that has a $0.5 per unit carrying cost. The fixed order cost is $66 per order and the firm orders 8,000 units per month. Calculate the total inventory cost for this company? Round the total inventory cost to 2 decimals (e.g. 22.05), and the unit is $. Your Answer: Answer units

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students