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Annual total inventory management costs

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Cheeseburger and Soda Company purchases 16,607 boxes of cheese each year. It costs $17 to place and ship each order and $840 per year for each box held as inventory. The company is using the Economic Order quantity model in placing the orders. What is the annual total inventory management costs of cheese inventory. Round the answer to two decimals and use a dollar sign and comm, if appropriate.

Reference no: EM133070660

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