Question: Please help with this question, thank you Determine the inventory carrying costs, inventory ordering costs, and total cost for Stellar Co. based on the following
Please help with this question, thank you
Determine the inventory carrying costs, inventory ordering costs, and total cost for Stellar Co. based on the following information: Annual demand Order quantity Cost to place an order Cost of carrying inventory Purchase price 7,260 units 66 units $47 $16 $11.50 per unit Inventory carrying costs 116160 Inventory ordering costs $15170 Total cost 204820
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