What is the average inventory held during the year round


Cheeseburger and Taco Company purchases 10440 boxes of cheese each year. It costs $13 for the company to place and ship each order and $7.7 per year for each box to be held as inventory. The company is using the Economic Order Quantity model in placing the orders.

What is the average inventory held during the year?

Round the answer to the nearest whole number.

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Finance Basics: What is the average inventory held during the year round
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