Question
Cheeseburger and Taco Company purchases 8,569 boxes of cheese each year. It costs $16 to place and ship each order and $6.10 per year for
Cheeseburger and Taco Company purchases 8,569 boxes of cheese each year. It costs $16 to place and ship each order and $6.10 per year for each box held as inventory. The company is using Economic Order Quantity model in placing the orders.
Calculate Economic Order Quantity.
Round the answer to the whole number.
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Introduction to Finance Markets Investments and Financial Management
Authors: Melicher Ronald, Norton Edgar
15th edition
9781118800720, 1118492676, 1118800729, 978-1118492673
