Routing Number for Academy Bank NA in Colorado. A routing number is a 9 digit code for identifying a financial institute for the purpose of routing of checks (cheques), fund transfers, direct deposits, e-payments, online payments, etc. to the correct bank branch.
The cost of carrying or holding inventory is the sum of the following costs: 1  Money tied up in inventory, such as the cost of capital or the opportunity cost of the money. 2  Physical space occupied by the inventory including rent, depreciation, utility costs, insurance, taxes, etc. 3  Cost of handling the items.  Cost of deterioration and obsolescence.
The sum gives you the formula for total inventory ordering and carrying costs. This formula assumes there is no discount for ordering items in bulk. Example: A business has an annual demand of 10,000 for a particular item. They order the item in batches of 1,000 and each order placement has a fixed cost of $120.The cost to hold an item in inventory is $0.80.Since we know D = 10000, Q = 1000, Fo = 120, and Fc = 0.8, we can compute the total cost:ach of these orders has a fixed cost of Fo, so the annual ordering cost is Fo*D/Q. The cost of holding an item in inventoy for a year is Fc and the average amount of inventery in stock is Q/2 (halfway between empty and full), thus the carrying cost is Fc*Q/2.