Module 8 part b. please answer in excel thank you.firm, on a random basis, uses about 2,000 of item X, which costs $25 each. Storage costs, which
include insurance and cost of capital, amount to $5 per unit of average inventory. Every time an
order is placed for more item X, it costs $10.
both products are as follows:
What is the annual cost for ordering item X?
Item X is a standard item stocked in a company’s inventory of component parts. Each year the
This question was answered on: May 23, 2022
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