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Author Question: Approximately how often should Jed's Supermarket order 20 oz. cans of Splat Spiced Possum if it ... (Read 60 times)

justinmsk

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Question 1

ABC Co. has an average inventory of 750. The carrying cost per item is 1.25, the ordering cost is $18 per order, and they make 28 orders per year. What is the total carrying cost for ABC Co?
◦ $504
◦ $937.50
◦ $1,166.67
◦ $844.50
◦ $492.65

Question 2

Approximately how often should Jed's Supermarket order 20 oz. cans of Splat Spiced Possum if it expects to sell 5,000 cases per year, the ordering cost is $0.50 per order, and the carrying cost is $0.75/case?
◦ 45.29 times per year
◦ 61.24 times per year
◦ 63.67 times per year
◦ 24.56 times per year
◦ 55.36 times per year


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Marked as best answer by justinmsk on Apr 25, 2021

meow1234

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justinmsk

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Reply 2 on: Apr 25, 2021
Excellent


matt95

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Reply 3 on: Yesterday
:D TYSM

 

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