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 total inventory cost for a year for a business is simply the sum of the carrying cost and the ordering cost. The total inventory cost formula is below, and the total inventory cost calculator can be found on this website. C=Carrying cost per unit of inventory. Q=Inventory order size (quantity).We can see by the equation above that the carrying cost of inventory can be reduced by reducing the size of Q. This is usually achieved by reducing the amount of capital invested in inventory, as well as the space and expense required to store it.e can determine the ordering cost by calculating the number of orders in a year, and multiply this by the cost of each order. To determine the number of orders we simply divide the total demand (D) of units per year by Q, the size of each inventory order. D=Total demand (units). Q=Inventory order size (quantity).