Question
Cheeseburger and Taco Company purchases 5,466 boxes of cheese each year. It costs $10 to place and ship each order and $9.85 per year for
Cheeseburger and Taco Company purchases 5,466 boxes of cheese each year. It costs $10 to place and ship each order and $9.85 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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The New Market Wizards Conversations With Americas Top Traders
Authors: Jack D. Schwager
1st Edition
0887306675, 978-0887306679
