Homework Answers
Average inventory level = (500+0)/2 = 250
Annual carrying cost = 250*0.8 = $200
I.e. A
Number of orders = 10,000/500 = 20
Total ordering cost = 20*20= $400
B
Revised average inventory = 500+250 = 750
Annual carrying cost = 750*0.8 = 600
Total ordering and carrying =$1000
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