Business, 14.05.2021 04:40 gilbertnessa2107

A public warehouse can be rented for a charge of $1.15 per sq feet per month and an in-and-out handling charge of $0.05 per lb. Suppose a manufacturer has a monthly inventory turnover ratio of 2. A product occupies 0.2 cubic feet of space per lb and can be stacked 12 feet high on racks. In May, the manufacturer estimates that the total demand is 2,000,000 lb, and it plans to use the public warehouse for storage. What is the total cost for the public warehouse in May? Less than $75,000 Larger $125,000 Between $75,000 and $100,000 Between $100,000 and $125,000

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A public warehouse can be rented for a charge of $1.15 per sq feet per month and an in-and-out handl...