Express Scripts has $2,023 million of inventory. Their holding cost is 31%. What is the total annual cost for carrying inventory at Express Scripts? (in $ million). Instruction: Round your answer to one decimal place. Total annual cost for carrying inventory million
Express Scripts has $2,023 million of inventory. Their holding cost is 31%. What is the total annual cost for carrying inventory at Express Scripts? (in $ million). Instruction: Round your answer to one decimal place. Total annual cost for carrying inventory million
Chapter6: Proudction Costs
Section: Chapter Questions
Problem 8SQP
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![Additional Algo 10-18 Holding Costs
Express Scripts has $2,023 million of inventory. Their holding cost is 31%. What is the total annual cost for carrying inventory at Express
Scripts? (in $ million).
Instruction: Round your answer to one decimal place.
Total annual cost for carrying inventory
million](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa5145b22-aa2f-4a76-87ed-4764ee0d8d0d%2Fcae1569e-03d0-4721-a429-bf976c5a3521%2F11ia6vh_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Additional Algo 10-18 Holding Costs
Express Scripts has $2,023 million of inventory. Their holding cost is 31%. What is the total annual cost for carrying inventory at Express
Scripts? (in $ million).
Instruction: Round your answer to one decimal place.
Total annual cost for carrying inventory
million
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