What would the COST PLACE AN ORDER need to be if:

• This year our goal is to have a 5.2% inventory reduction (example: a 10% reduction in $100 of inventory becomes $90 in inventory)
• This year our goal is to have a 7.4% increase in sales (example: a 10% increase in sales of 100 units becomes 110 units)
• This year our goal is to reduce inventory carrying cost by 1.1% (example: reducing an ICC of 25.0% by 0.75% becomes 24.25%)
• ALL goals are achieved

Answer rating: 100% (QA)

Answer This year our goal is to have a 74 increase in sales example a 10 increase in sales of 100 un... View the full answer