Cheeseburger and Taco Company purchases 7,887 boxes of cheese each year. It costs $14 to place and ship each order and $9.96 per year for
Cheeseburger and Taco Company purchases 7,887 boxes of cheese each year. It costs $14 to place and ship each order and $9.96 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.
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Authors: Anatoly B Schmidt
1st Edition
9811239495, 978-9811239496
