Question: Problem 9 . 4 A florist carries an average inventory of $ 1 2 , 0 0 0 in cut flowers. The flowers require special

Problem 9.4 A florist carries an average inventory of $12,000 in cut flowers. The flowers require special storage and are highly perishable. The florist estimates capital costs at 10%, storage costs at 25%, and risk costs at 50%. What is the annual carrying cost?
Problem 9.4 A florist carries an average inventory of $12,000 in

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