An estimate of the order cost is $18 per order (see spreadsheet below). show the math that justifies this estimate and explain your answer. An estimate of inventory carrying (holding) cost is 27% of item value (see spreadsheet below).  show the math that justifies this estimate and explain your answer

Answer rating: 100% (QA)

To justify the estimate of the order cost and the inventory carrying cost we need to calculate each component based on relevant factors and assumption... View the full answer