What is the annual total cost of the postcard inventory

Reference no: EM132046958

Question: Post Card Depot, a large retailer of postcards, orders 8330556 postcards per year from its manufacturer. Post Card Depot plans on ordering postcards 10 times over the next year. Postcard Card Depot receives the same number of postcards each time it orders. The carrying cost is $0.26 per postcard per year. The ordering cost is $454 per order. What is the annual total cost of the postcard inventory? Round the answer to two decimal places. $

Reference no: EM132046958

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