Question: 1.) Need help with this problem Annual demand is 2,360. the price of one unit is $2.42, the order quantity is 100, the holding cost

1.) Need help with this problem Annual demand is

1.) Need help with this problem

Annual demand is 2,360. the price of one unit is $2.42, the order quantity is 100, the holding cost per unit per year is $0.33, and the order cost is $75. What is the total annual cost? (use two decimal places) Note that when order quantity is given you should use that quantity (not the optimal quantity). w Note: do not confuse total annual cost with total annual cost of inventory

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!