Find what is the annual ordering cost of cheese inventory

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Cheeseburger and Taco Company purchases 11,964 boxes of cheese each year. It costs $18 to place and ship each order and $3.21 per year for each box held as inventory. The company is using Economic Order Quantity model in placing the orders.

Question 1: What is the annual ordering cost of cheese inventory.

Reference no: EM132572360

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