Question
Cheeseburger and Taco Company purchases 9,181 boxes of cheese each year. It costs $30 to place and ship each order and $5.51 per year for
Cheeseburger and Taco Company purchases 9,181 boxes of cheese each year. It costs $30 to place and ship each order and $5.51 per year for each box held as inventory. The company is using Economic Order Quantity model in placing the orders.
What is the average inventory held during the year?
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Islamic FinanceA Practical Perspective
Authors: Nafis Alam, Lokesh Gupta, Bala Shanmugam
1st Edition
3319665588, 9783319665580
