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Cheeseburger and Taco Company purchases 10,123 boxes of cheese each year. It costs $25 to place and ship each order and $7.57 per year for
Cheeseburger and Taco Company purchases 10,123 boxes of cheese each year. It costs $25 to place and ship each order and $7.57 per year for each box held as inventory. The company is using Economic Order Quantity model in placing the orders.
Calculate Economic Order Quantity.
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