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Compute the annual total inventory management costs

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Question - Post Card Depot, an large retailer of post cards, orders 6,871,306 post cards per year from its manufacturer. Post Card Depot plans on ordering post card 13 times over the next year. Post Card Depot receives the same number of post cards each time it orders. The carrying cost is $0.27 per post card per year. The ordering cost is $334 per order. Compute the annual total inventory management costs of post card inventory?

Reference no: EM132963010

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