Question

Using the information from problem 18, what is the Total Annual Delivery Cost?

Answer 1

To calculate the Total Annual Delivery Cost, sum up the total cost of buying the basket in each time period over a year.

Step-by-step explanation:

To calculate the Total Annual Delivery Cost, you need to sum up the total cost of buying the basket in each time period over a year. From the given information, you can find the total cost for each time period. Add up all the total costs for the year to get the Total Annual Delivery Cost.

For example, based on the information provided, the Total Annual Delivery Cost would be:

1. Total: $56.75
2. Total: $43.25
3. Total: $65.00
4. Total: $25.50
5. Total: $18.75
6. Total: $59.00
7. Total: $21.50
8. Total: $44.50
9. Total: $12.50
10. Total: $43.00
11. Total: $89.50
12. Total: $99.35
13. Total: $235.75
14. Total: $300.50
15. Total: $678.25

Summing up all these totals will give you the Total Annual Delivery Cost.