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What is the average inventory held during the year

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Cheeseburger and Taco Company purchases 16,284 boxes of cheese each year. It costs $25 to place and ship each order and $8.45 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: EM132794908

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