Question
A company is both a producer and a user of brass couplings. The company operates 220 days a year and uses the couplings at a
A company is both a producer and a user of brass couplings. The company operates 220 days a year and uses the couplings at a steady rate of 50 per day. Couplings can be produced at a rate of 200 per day. Annual holding cost is $1 per coupling, and machine set up cost is $35 per production run.A company is both a producer and a user of brass couplings. The company operates 220 days a year and uses the couplings at a steady rate of 50 per day. Couplings can be produced at a rate of 200 per day. Annual holding cost is $1 per coupling, and machine set up cost is $35 per production run.
a. How many productions runs per year will there be?
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