A companyrsquos holding cost is 16 per year its annual


A company’s holding cost is 16% per year. Its annual inventory turns are 9.5. The company buys an item for $50. What is the average cost ($s), to hold this item in inventory (NOT annual holding cost but the average cost of each individual item on average)?

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Operation Management: A companyrsquos holding cost is 16 per year its annual
Reference No:- TGS01063924

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