3) Andre Candess manages an office supply store. One product in the store is computer pape
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3) Andre Candess manages an office supply store. One product in the store is computer paper.
Andre knows that 10,000 boxes
will be sold this year at a constant rate throughout the year.
There are 250 working days per year and the lead-time is 3
days. The cost of placing an order is
$30, while the holding cost is $15 per box per year. If Andre orders 500 boxes each
time he orders
from his supplier, what would his total annual inventory cost be (holding cost plus ordering
E) none of the above
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