Question: Given: annual Demand = 10,000 units; unit Cost = $800; order coSt = $2,000; unit annual Holding cost = $100. What is the total annual
Given: annual Demand = 10,000 units; unit Cost = $800; order coSt = $2,000; unit annual Holding cost = $100. What is the total annual cost associated with purchasing, ordering, and holding this item if your order Quantity 2,000 is units?
a. $8,000,000
b. $8,002,100
c. $12,200,000
d. None of the above
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
