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How many orders will be placed each year for blue cheese co

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Problem 1: Blue Cheese Company purchases 16,763 boxes of cheese each year. It costs $14 to place and ship each order and $9.17 per year for each box held as inventory. The company is using Economic Order Quantity model in placing the orders. How many orders will be placed each year? Round the answer to the whole number.

Reference no: EM132951706

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