Solved: It costs 13 for the company to place and ship each order, Finance Basics

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It costs 13 for the company to place and ship each order

Cheesburger and Taco Company purchases 6855 boxes of cheese each year. It costs $13 for the company to place and ship each order and $6.26 per year for each box to be held as inventory. The company is using the Economic Order Quantity model in placing the orders.

How many orders will be placed each year?

Round the answer to the nearest whole number.

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Finance Basics: It costs 13 for the company to place and ship each order

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Finance Basics: It costs 13 for the company to place and ship each order

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