Question
Cheeseburger and Taco Company purchases 5,323 boxes of cheese each year. It costs $16 to place and ship each order and $8.52 per year for
Cheeseburger and Taco Company purchases 5,323 boxes of cheese each year. It costs $16 to place and ship each order and $8.52 per year for each box held as inventory. The company is using Economic Order Quantity model in placing the orders.
What is the annual ordering cost of cheese inventory.
Round the answer to two decimals.
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Multinational Management
Authors: John B. Cullen
6th edition
1285094946, 1285094948, 9781285696744 , 978-1285094946
