Annual ordering cost of cheese inventory

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Cheeseburger and Taco Company purchases 5,323 boxes of cheese each year. It costs $16 to place and ship each order and $8.52 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.

Reference no: EM131411793

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Annual ordering cost of cheese inventory : Cheeseburger and Taco Company purchases 5,323 boxes of cheese each year. It costs $16 to place and ship each order and $8.52 per year for each box held as inventory. The company is using Economic Order Quantity model in placing the orders.
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