Other Homework Help
University of Maryland Annual Carrying Costs of Post Card Inventory Question
Get Your Custom Essay Written From Scratch
We have worked on a similar problem. If you need help click order now button and submit your assignment instructions.
Just from $13/Page
Post Card Depot, an large retailer of post cards, orders 7,068,768 post cards per year from its manufacturer. Post Card Depot plans on ordering post card 24 times over the next year. Post Card Depot receives the same number of post cards each time it orders. The carrying cost is $0.11 per post card per year. The ordering cost is $314 per order.
What is the annual carrying costs of post card inventory (round the answer to two decimal places)?
