Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.
QUESTION
Homework #8C (EOQ, Average Inventory)
Question 6 (1 point)
Cheeseburger and Taco Company purchases 19,761 boxes of cheese each year. It costs $18 to place and ship each order and $8.64 per year for each box held as inventory. The company is using Economic Order Quantity model in placing the orders.
What is the annual total costs of cheese inventory.
Round the answer to two decimals.
