Cheeseburger and Taco Company purchases 10,178 boxes of cheese each year. It costs $13 to place and ship each order and $5.88 per year for each box held as inventory.
Cheeseburger and Taco Company purchases 10,178 boxes of cheese each
year. It costs $13 to place and ship each order and $5.88 per year for each box held as inventory. The company is using Economic Order Quantity model in placing the orders.
What is the annual carrying costs of cheese inventory.