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Question 1
point
Cheeseburger and Taco Company purchases 19,780 boxes of cheese each year. It costs $28 to
place and ship each order and $5.83 per year for each box held as inventory. The company is
using Economic Order Quantity model in placing the orders.
Calculate Economic Order Quantity.
Round the answer to the whole number.
Answer:
point
Cheeseburger and Taco Company purchases 7,998 boxes of cheese each year. It costs $18 to
place and ship each order and $5.21 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
Answer:
point
Cheesburger and Taco Company purchases 18,349 boxes of cheese each year. It costs $12 to
place and ship each order and $5.54 per year for each box held as inventory. The company is
using Economic Order Quantity model in placing the orders.
How many orders will be placed each year? Round the answer to the whole number
Answer:
point
Cheeseburger and Taco Company purchases 9,162 boxes of cheese each year. It costs $11 to
place and ship each order and $9.20 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.
Round the answer to two decimals.
This study source was downloaded by 100000872281541 from CourseHero.com on 10-01-2023 16:05:45 GMT -05:00
https://www.coursehero.com/file/59601853/Homework-8C-EOQ-Average-Inventorydocx/
Your quiz has been submitted successfully.
Question 1
point
Cheeseburger and Taco Company purchases 19,780 boxes of cheese each year. It costs $28 to
place and ship each order and $5.83 per year for each box held as inventory. The company is
using Economic Order Quantity model in placing the orders.
Calculate Economic Order Quantity.
Round the answer to the whole number.
Answer:
point
Cheeseburger and Taco Company purchases 7,998 boxes of cheese each year. It costs $18 to
place and ship each order and $5.21 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
Answer:
point
Cheesburger and Taco Company purchases 18,349 boxes of cheese each year. It costs $12 to
place and ship each order and $5.54 per year for each box held as inventory. The company is
using Economic Order Quantity model in placing the orders.
How many orders will be placed each year? Round the answer to the whole number
Answer:
point
Cheeseburger and Taco Company purchases 9,162 boxes of cheese each year. It costs $11 to
place and ship each order and $9.20 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.
Round the answer to two decimals.
This study source was downloaded by 100000872281541 from CourseHero.com on 10-01-2023 16:05:45 GMT -05:00
https://www.coursehero.com/file/59601853/Homework-8C-EOQ-Average-Inventorydocx/
