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MCS,MBA(IT), Pursuing PHD
Devry University
Sep-2004 - Aug-2010
Assistant Financial Analyst
NatSteel Holdings Pte Ltd
Aug-2007 - Jul-2017
Cheeseburger and Taco Company purchases 18,369 boxes of cheese each year. It costs $27 to place and ship each order and $9.71 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 the post card inventory.
Round the answer to two decimas.
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