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A company extracts oil from canola seeds. Demand for canola oil is constant throughout the year at the rate of 12000 cans. The holding cost

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A company extracts oil from canola seeds. Demand for canola oil is constant throughout the year at the rate of 12000 cans. The holding cost is $5 per can per year. The cost involved in the machine setup is $170 per setup. The production capacity of the machine is 270 cans per day. The year has 325 days. Determine the following. a. Optimal production run quantity b. The maximum inventory c. The total minimum annual inventory costs d. The optimal number of productions runs per year e. The length of the production run in days

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