Determine how many orders will be placed each year

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Cheesburger and Taco Company purchases 8,462 boxes of cheese each year. It costs $16 to place and ship each order and $9.73 per year for each box held as inventory. The company is using Economic Order Quantity model in placing the orders.

Problem 1: How many orders will be placed each year? Round the answer to the whole number

Reference no: EM132758115

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