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What annual total inventory management cost of inventory

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Reference no: EM133011303

Cheeseburger and Taco Company purchases 5,249 boxes of cheese each year. It costs $22 to place and ship each order and $8.30 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: EM133011303

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