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Post Card Depot, an large retailer of post cards, orders 7,584,789 post cards per year from...

Post Card Depot, an large retailer of post cards, orders 7,584,789 post cards per year from its manufacturer. Post Card Depot plans on ordering post card 8 times over the next year. Post Card Depot receives the same number of post cards each time it orders. The carrying cost is $0.15 per post card per year. The ordering cost is $202 per order. What is the annual total inventory management costs of post card inventory?

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The cost of managing inventory is made of solely of 2 parts: 1) Carrying cost 2) Ordering cost Particulars No. of Orders Carr

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