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 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. 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:he 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. The sum gives you the formula for total inventory ordering and carrying costs.