Other Homework Help
UMGC Cheeseburger and Taco Company Purchases 8,482 Boxes of Cheese Exercise
Get Your Custom Essay Written From Scratch
We have worked on a similar problem. If you need help click order now button and submit your assignment instructions.
Just from $13/Page
Cheeseburger and Taco Company purchases 8,482 boxes of cheese each year. It costs $23 to place and ship each order and $8.75 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?
Round the answer to the whole number
