Cheeseburger and taco company purchases 9 487 boxes of, Finance Basics

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Cheeseburger and taco company purchases 9 487 boxes of

Question: Cheeseburger and Taco Company purchases 9, 487 boxes of cheese each year. It costs $22 to place and ship each and $9.00 per year for each box held as inventory. The company is using Economic Order Quantity model in placing the orders. Calculate Economic Order Quantity.

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