The trektronics store begins each month with 750 phasers in
The Trektronics store begins each month with 750 phasers in stock. This stock is depleted each month and reordered. The carrying cost per phaser is $28 per year and the fixed order cost is $520.
Requirement 1:
What is the total carrying cost?
Expected delivery within 24 Hours
Vang, Inc., has an average collection period of 27 days. Its average daily investment in receivables is $86,000.
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