Total carrying cost per year
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If it costs $2 in storage costs to hold a $10 item in storage for 1 year, the total carrying cost per year is likely to be:
a) between 14.50 - 15.50
b) approx $12
c) between $3 and $5
d) about $2
I believe its either b or d not sure
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This provides the steps to calculate the the total carrying cost per year
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Here the total carrying cost per unit is $2, so it will be $2 as per annum ...
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