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What is the annual carrying costs of cheese inventory

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Finance: EOQ, Average Inventor

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Cheeseburger and Taco Company purchases 7,117 boxes of cheese each year. It costs $18 to place and ship each order and $7.19 per year for each box held as inventory. The company is using Economic Order Quantity model in placing the orders.

What is the annual carrying costs of cheese inventory.

Reference no: EM131413587

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