What is the annual ordering cost of the post card inventory

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Reference no: EM13894249

Cheeseburger and Taco Company purchases 10,075 boxes of cheese each year. It costs $25 to place and ship each order and $3.38 per year for each box held as inventory. The company is using Economic Order Quantity model in placing the orders.

What is the annual ordering cost of the post card inventory?

Round the answer to two decimas.

Reference no: EM13894249

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