What is the annual cost of ordering and holding inventories

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Reference no: EM13844679

Race One Motors is an Indonesian car manufacturer. At its largest manufacturing facility, in Jakarta, the company produces subcomponents at a rate of 285 per day, and it uses these subcomponents at a rate of 12,500 per year (of 250 working days). Holding costs are $2 per item per year, and ordering costs are $29 per order.

What is the annual cost of ordering and holding inventories?

Reference no: EM13844679

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What is the annual cost of ordering and holding inventories : Race One Motors is an Indonesian car manufacturer. At its largest manufacturing facility, in Jakarta, the company produces subcomponents at a rate of 285 per day, and it uses these subcomponents at a rate of 12,500 per year (of 250 working days). Wha..

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