Problempost card depot a large detailor of post cards order, Ask an Expert

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Problem:

Post card depot, a large detailor of post cards order 4,431,467 post cards per year from its manufacturer. Post card depot plans on ordering post cards 15 times over the next year. Post card depot receives the same number of post cards each time it orders. The carrying costs .19 per post card year. The ordering costs $28.8 per order

Required:

Question: What is the annual ordering costs of post card inventory

15,987.34
34,876.86
28,065.96
22,222.33

Note: Please show basic calculation

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91163269

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