Question

Cheeseburger and Taco Company purchases 10,570 boxes of cheese each year. It costs $20 to place and ship each order and $8.89 per year for each box held as inventory. The company is using Economic Order Quantity model in placing the orders.

What is the annual ordering cost of cheese inventory.

Round the answer to two decimals.

Answer #1

**SEE THE IMAGE. ANY DOUBTS,
FEEL FREE TO ASK. THUMBS UP PLEASE**

**EOQ VALUE IS NOT ROUNDED.
TAKEN FULL VALUE, AS NOTHING WAS MENTIONED ABOUT
ROUNDING**

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