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What is the annual carrying costs of cheese inventory

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Reference no: EM132812339

Cheeseburger and Taco Company purchases 9,064 boxes of cheese each year. It costs $18 to place and ship each order and $7.53 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 carrying costs of cheese inventory?

Reference no: EM132812339

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