An SKU costing $20 is ordered in quantities of 800 units, annual demands is 12,000 units, carrying

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An SKU costing $20 is ordered in quantities of 800 units, annual demands is 12,000 units, carrying costs are 15% of average inventory size, and the cost of placing an order is $100. Calculate the annual total cost. [5 Marks]

Posted Date: May 18, 2024 10:10 PM

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An SKU costing $20 is ordered in quantities of 800 units, annual demands is 12,000 units, carrying

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