Party Animals orders 10,400 stuffed tigers per year, at $10 per tiger, FOB destination.Party Animals earns 12% on its cash investments.The purchase order lead time is 3 weeks.The following data are available:
What is the cost of the prediction error?
A) $19.58
B) $23.12
C) $1,144.82
D) $1,167.85
E) $1,237.92
Correct Answer:
Verified
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