Cheeseburger and Taco Company purchases 10,215 boxes of cheese each year. It costs $11 to place and
Fantastic news! We've Found the answer you've been seeking!
Question:
Cheeseburger and Taco Company purchases 10,215 boxes of cheese each year. It costs $11 to place and ship each order and $9.34 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
Related Book For
Managerial Accounting
ISBN: 978-1118385388
2nd edition
Authors: Ramji Balakrishnan, Konduru Sivaramakrishnan, Geoff B. Sprinkle
Posted Date: