the fabric company find its average stock costs $16.

Question

the company expects to save 23% of order costs on an estimated 4100 supply orders.What will be the total estimated annual savings of changing the ordering procedure?(this is the end of the full question)

Answer 1

Save 23% of order costs  ==>  Save 0.23*16 = $3.68 per order 

 

4100 orders  ==>  4100*3.68 = $15088 total savings