Join the conversation on IDNLearn.com and get the answers you seek from experts. Get thorough and trustworthy answers to your queries from our extensive network of knowledgeable professionals.

A company produces fertilizer to sell to wholesalers. One of the raw material, is purchased from a supplier located near the company's plant. 5, 750, 000 tons of raw material is the demand forecast to be required next year to support production. The raw material costs $22.50 per ton, the annual carrying cost is 40% of acquisition cost, and ordering cost is $595 per order. If the total annual carrying cost corresponding to the optimal number of order is approximately $124, 079, then the total annual inventory cost is equal to

Sagot :

Thank you for being part of this discussion. Keep exploring, asking questions, and sharing your insights with the community. Together, we can find the best solutions. Find precise solutions at IDNLearn.com. Thank you for trusting us with your queries, and we hope to see you again.