Cheeseburger and Taco Company purchases 9,317 boxes of cheese each year. It costs $21 to place and
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Question:
Cheeseburger and Taco Company purchases 9,317 boxes of cheese each year. It costs $21 to place and ship each order and $8.42 per year for each box held as inventory. The company is using Economic Order Quantity model in placing the orders.
Calculate Economic Order Quantity.
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