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Find what is the annual carrying costs of cheese inventory

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Reference no: EM132573215

Cheeseburger and Taco Company purchases 16,843 boxes of cheese each year. It costs $23 to place and ship each order and $8.36 per year for each box held as inventory. The company is using Economic Order Quantity model in placing the orders.

Question 1: What is the annual carrying costs of cheese inventory. Round the answer to two decimals.

Reference no: EM132573215

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