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Cheeseburger and Taco Company purchase $14,133 boxes of chesse each year. It costs $30 to place and ship each order and $8.64 per year for
Cheeseburger and Taco Company purchase $14,133 boxes of chesse each year. It costs $30 to place and ship each order and $8.64 per year for each box held as inventory. The company is using Economic Order Quantity model in the orders. What is the annual total costs of post card inventory? Please provide the formula and show how to calculate the problem step by step.
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