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What is annual total inventory management costs of cheese

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Reference no: EM132807730

Cheeseburger and Taco Company purchases 13,321 boxes of cheese each year. It costs $22 to place and ship each order and $3.20 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: EM132807730

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