Solution-Find what is annual ordering cost of the post card

Find what is annual ordering cost of the post card inventory

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Finance: Carrying Costs and Ordering Costs

Question

Post Card Depot, an large retailer of post cards, orders 5,604,830 post cards per year from its manufacturer. Post Card Depot plans on ordering post card 10 times over the next year. Post Card Depot receives the same number of post cards each time it orders. The carrying cost is $0.13 per post card per year. The ordering cost is $284 per order.

What is the annual ordering cost of the post card inventory?

Reference no: EM131413567

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Find what is annual ordering cost of the post card inventory : Post Card Depot, an large retailer of post cards, orders 5,604,830 post cards per year from its manufacturer. What is the annual ordering cost of the post card inventory?

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Find what is annual ordering cost of the post card inventory

Reference no: EM131413567

Reference no: EM131413567

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