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Evaluate what is the average inventory held during the year

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Reference no: EM132811318

Cheeseburger and Taco Company purchases 11,234 boxes of cheese each year. It costs $27 to place and ship each order and $4.79 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: EM132811318

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