Cheeseburger and Taco Company purchases 11,687 boxes of cheese each year. It costs $17 to...
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Cheeseburger and Taco Company purchases 11,687 boxes of cheese each year. It costs $17 to place and ship each order and $3.68 per year for each box held as inventory. The company is using Economic Order Quantity model in placing the orders. What is the average inventory held during the year?
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