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Find what is the annual ordering cost of cheese inventory

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Reference no: EM133011357

Cheeseburger and Taco Company purchases 9,495 boxes of cheese each year. It costs $30 to place and ship each order and $9.29 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 ordering cost of cheese inventory.

Reference no: EM133011357

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