Question
Cheeseburger and Taco Company purchases 8,135 boxes of cheese each year. It costs $17 to place and ship each order and $8.56 per year for
Cheeseburger and Taco Company purchases 8,135 boxes of cheese each year. It costs $17 to place and ship each order and $8.56 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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Forecasting Principles And Practice
Authors: Rob J Hyndman, George Athanasopoulos
3rd Edition
0987507133, 978-0987507136
