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Compute what is the average inventory held during the year

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Reference no: EM132774126

Cheeseburger and Taco Company purchases 16,181 boxes of cheese each year. It costs $17 to place and ship each order and $5.72 per year for each box held as inventory. The company is using Economic Order Quantity model in placing the orders.

Problem 1: What is the average inventory held during the year?

Reference no: EM132774126

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