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

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter6: Proudction Costs

Section: Chapter Questions

Problem 8SQP

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Question

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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