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What average inventory held during year for taco company

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Reference no: EM133011412

Cheeseburger and Taco Company purchases 15,361 boxes of cheese each year. It costs $30 to place and ship each order and $3.16 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 average inventory held during the year?

Reference no: EM133011412

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