Question
Question 2(1 point) Cheeseburger and Taco Company purchases 19,967 boxes of cheese each year. It costs $12 to place and ship each order and $7.15
Question 2(1 point)
Cheeseburger and Taco Company purchases 19,967 boxes of cheese each year. It costs $12 to place and ship each order and $7.15 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?
Round the answer to the whole number
Your Answer:
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Investments Analysis and Management
Authors: Charles P. Jones
12th edition
978-1118475904, 1118475909, 1118363299, 978-1118363294
