Question: Dynamo Inc. Sofas manufactures Ergonomic Sofas, which are sold in its nearby store close to the highway. Estimated annual demand is 2 0 , 0

Dynamo Inc. Sofas manufactures Ergonomic Sofas, which are sold in its nearby store close to the highway. Estimated annual demand is 20,000 meters of carpet with an annual carrying cost of $2.75 per meter. The manufacturing facility operates the same 360 days the store is open and produces 400 meters of sofas per day. The setup cost is $720.
Calculate the Total inventory cost (Select 1)(2pts)
825.33
8258.33
8528.33
8825.33
None of the above
 Dynamo Inc. Sofas manufactures Ergonomic Sofas, which are sold in its

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!