What is its annual cost of ordering and holding inventory, Other Management

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What is its annual cost of ordering and holding inventory

Question: A wine shop sells 300 bottles of a specialty wine each month. The specialty wine is purchased from a winery in France, which charges the wine shop $17 per bottle and an ordering cost of $125 per order. The wine shop's annual inventory holding cost percentage is 60%. If the wine shop's places 4 orders per year, then what is its annual cost of ordering and holding inventory?

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Other Management: What is its annual cost of ordering and holding inventory

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Other Management: What is its annual cost of ordering and holding inventory

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