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Eoq, Average Inventory in The AnswerBank: Business & Finance
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Eoq, Average Inventory

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decappo72 | 07:38 Thu 03rd Mar 2016 | Business & Finance
6 Answers

Cheeseburger and Taco Company purchases 14,515 boxes of cheese each year. It costs $29 to place and ship each order and $6.68 per year for each box held as inventory. The company is using Economic Order Quantity model in placing the orders.

Calculate Economic Order Quantity.
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Use the formula.
If you have no access to your notes, books or any websites other than AB then here it is:
EOQ = SQRT(2 × Quantity × Cost Per Order / Carrying Cost Per Order)
Substitute your numbers in and Bob's your uncle
I think you forgot 'Please'.
Sorry.
Use the formula please.
:))
F F - sorry - I have just seen your reply after mine. I think you know I was not referring to you!
LOL though..

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