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a company makes apple butter to supply local vendors. The manufacturing company can make 330 pounds of apple butter per day and demand from vendors
a company makes apple butter to supply local vendors. The manufacturing company can make 330 pounds of apple butter per day and demand from vendors in 190 pounds per day. Each time the manufacturing company makes apple butter, it costs $176 to set up the production process. The annual coast of carrying a pound of apples in a refrigerated storage area is $6.50. Detrmine the optimal ordering quantity and the minimun total annual inventory cost.
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