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.
Most companies tend to underestimate the total carrying costs (or total cost of holding inventory). For most retail and manufacturing businesses, expertsâ evaluations of the cost of carrying inventory range from 18% per year to 75% (or, according to Helen Richardson, see below References nÂ°3, between 25-55%).