Introduction to Materials Management 8th Edition by Steve Chapman ,Tony Arnold ,Ann Gatewood ,Lloyd Clive

تمرين 6

An importer operates a small warehouse that has the following annual costs. Wages for purchasing are $45,000, purchasing expenses are $30,000, customs and brokerage costs are $30 per order, the cost of financing the inventory is 8%, storage costs are 7%, and the risk costs are 10%. The average inventory is $250,000, and 6000 orders are placed in a year. What are the annual ordering and carrying costs?