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Business, 04.12.2019 05:31 catelinboog04

Victor sells a line of upscale evening dresses in his boutique. he charges $300 per dress, and sales average 30 dresses per week. currently, victor orders a 10-week supply at one time from the manufacturer. he pays $150 per dress, and it takes 2 weeks to receive each delivery. victor estimates his administrative cost of placing each order at $225. because he estimates his cost of capital at 20%, each dollar's worth of idle inventory costs him $0.20 per year. victor's boutique sells 52 weeks in a year. q1. compute victor's total annual cost of purchasing, ordering and carrying

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Victor sells a line of upscale evening dresses in his boutique. he charges $300 per dress, and sales...

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