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.
Assume the annual cost of inventory handing is $15,000. Calculate the opportunity cost of the money invested in the inventory. Opportunity cost is money invested in inventory that you could have used for something else. Determine the average value of the inventory held.