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Post Card Depot, an large retailer of post cards, orders 4,660,332 post cards per year from...

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Finance

Post Card Depot, an large retailer of post cards, orders4,660,332 post cards per year from its manufacturer. Post CardDepot plans on ordering post card 23 times over the next year. PostCard Depot receives the same number of post cards each time itorders. The carrying cost is $0.09 per post card per year. Theordering cost is $362 per order. What is the annual total inventorymanagement costs of post card inventory?

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3.6 Ratings (558 Votes)
Solution In usual notations we are given Annual Demand D 4660332 units Ordering Cost Co 362 per order Carrying Cost per post card per year Ch 009 per unit per year No of orders 23 Now the Annual Total Inventory Management Cost Ordering Cost Inventory Carrying Cost Ordering Cost No of orders    See Answer
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