Post Card Depot, an large retailer of post cards, orders 5,784,638 post cards per year from...

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Post Card Depot, an large retailer of post cards, orders5,784,638 post cards per year from its manufacturer. Post CardDepot plans on ordering post card 17 times over the next year. PostCard Depot receives the same number of post cards each time itorders. The carrying cost is $0.17 per post card per year. Theordering cost is $251 per order. What is the annual total inventorymanagement costs of post card inventory? (Round the answer to twodecimal places).

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Solution The annual total inventory management costs of post card inventory 3319019 Working Notes The annual total inventory management costs of post card inventory Total annual ordering cost Total annual See Answer

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