Smith and Jones, Inc. is evaluating its inventory costs. The following information is available: Annual demand.........................4,500 units
Question:
Smith and Jones, Inc. is evaluating its inventory costs. The following information is available:
Annual demand.........................4,500 units
Quantity ordered..........................100 units
Ordering costs (K)........................$25 per order
Carrying costs (H)........................$10 per unit
The total costs (ordering and carrying costs) are:
a. $1,125
b. $500
c. $1,625
d. $625
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Related Book For 
Cost Management Measuring, Monitoring and Motivating Performance
ISBN: 978-1119185697
3rd Canadian edition
Authors: Leslie G. Eldenburg, Susan K. Wolcott, Liang Hsuan Chen, Gail Cook
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