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What is the annual ordering cost of the post card inventory

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Reference no: EM132792717

Post Card Depot, a large retailer of post cards, orders 8,276,127 post cards per year from its manufacturer. Post Card Depot plans on ordering post card 8 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 $359 per order.

Problem 1: What is the annual ordering cost of the post card inventory?

Reference no: EM132792717

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