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Mathematics, 09.11.2020 05:30 shreyasvrangan
A manufacturer of hospital supplies has a uniform annual demand for 500000 boxes of bandages. It costs $10 to store one box of bandages for one year and $160 to set up the plant for production. How many times a year should the company produce boxes of bandages in order to minimize the total storage and setup costs?
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A manufacturer of hospital supplies has a uniform annual demand for 500000 boxes of bandages. It cos...
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