Student Solution

-->

"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

1 University

1 Course

2 Subjects

Homework 8B

Homework 8B

Q 1.Post Card Depot, an large retailer of post cards, orders 3,600,532 post cards per year from its manufacturer. Post Card Depot plans on ordering post card 6 times over the next year. Post Card Depot receives the same number of post cards each time it orders. The carrying cost is $0.21 per post card per year. The ordering cost is $284 per order. What is the annual carrying costs of post card inventory (round the answer to two decimal places)? 2.Post Card Depot, an large retailer of post cards, orders 9,644,380 post cards per year from its manufacturer. Post Card Depot plans on ordering post card 21 times over the next year. Post Card Depot receives the same number of post cards each time it orders. The carrying cost is $0.28 per post card per year. The ordering cost is $459 per order. What is the annual ordering cost of the post card inventory? (Round the answer to two decimal places) 3.Post Card Depot, an large retailer of post cards, orders 7,124,479 post cards per year from its manufacturer. Post Card Depot plans on ordering post card 23 times over the next year. Post Card Depot receives the same number of post cards each time it orders. The carrying cost is $0.26 per post card per year. The ordering cost is $358 per order. What is the annual total inventory management costs of post card inventory? (Round the answer to two decimal places).

View Related Questions

Solution Preview

1. 63,009.31 2. 9,639