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Find what is annual total inventory management costs

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Reference no: EM132942463

Cheeseburger and Taco Company purchases 17,583 boxes of cheese each year. It costs $13 to place and ship each order and $6.97 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 annual total inventory management costs of cheese inventory.

Reference no: EM132942463

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