Related to the holding costs formula ndash if interest rate


Related to the Holding Costs formula – If Interest rate (hurdle rate too if you like) is 9%; Price per unit is $800; Units in inventory are 700; and Days held in inventory are 60; then what is the exact dollar and cents Total Product Holding Costs (over the period held in inventory)? (show your work)

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Operation Management: Related to the holding costs formula ndash if interest rate
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