Your company uses 20 to determine the annual inventory, Operation Management

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Your company uses 20 to determine the annual inventory

You company needs to ship large piece of construction equipment which costs about $500,000 to a customer across the country. Shipping by rail costs $3,000 and will take 8 days. Your company uses 20 % to determine the annual inventory carrying cost. What are the approximate total costs of shipping and in-transit inventory?

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Operation Management: Your company uses 20 to determine the annual inventory

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