Question: Calculate the total relevant cost and total cost using the following information. Annual Demand 2000 units Unit cost $20 Ordering cost $320 Holding Cost rate
Calculate the total relevant cost and total cost using the following information.
Annual Demand 2000 units
Unit cost $20
Ordering cost $320
Holding Cost rate 10%
TRC:800 TC:160800
TRC:1200 TC:91200
TRC:1600 TC:41600
TRC:400 TC:10400
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