Welcome to Westonci.ca, the ultimate question and answer platform. Get expert answers to your questions quickly and accurately. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.

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 :