Falls Creek, PA Profile: Facts, Map & Data. Falls Creek, Pennsylvania - Basic Facts. The Borough of Falls Creek had a population of 1,003 as of July 1, 2016. The primary coordinate point for Falls Creek is located at latitude 41.142 and longitude -78.8069 in Jefferson County.
cost of goods purchased. The price of products or services that are available for purchase by suppliers or consumers.
Total Cost = purchase cost or production cost + ordering cost + holding cost. Where: 1  Purchase cost: This is the variable cost of goods: purchase unit price Ã annual demand quantity. 2  This is P Ã D. 3  Ordering cost: This is the cost of placing orders: each order has a fixed cost K, and we need to order D/Q times per year.here is a fixed cost for each order placed, regardless of the number of units ordered. There is also a cost for each unit held in storage, commonly known as holding cost, sometimes expressed as a percentage of the purchase cost of the item.