Question: Can i get help with this questions? Question 8 1 pts Fresh Market's usage of cash register tape is on average about 3,000 rolls per
Can i get help with this questions?
Question 8 1 pts Fresh Market's usage of cash register tape is on average about 3,000 rolls per year. Fresh Market pays a flat fee $40 to place an order of cash register tape. It takes 2 weeks to receive the order, and Fresh Market pays a unit price of $10 to the register tape supplier. The holding cost per unit per year is 8% of the unit price. Since the daily usage of cash register tape is uncertain, Fresh Market keeps a safety stock of 26 rolls to prevent it from running out. Assumed EOQ = 422, please use the assumed EOQ value to calculate the annual inventory holding cost for Fresh Market? Input should be an exact number
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