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A manufacturer has a steady annual demand for 11.160 cases of sugar. It costs $5 to store 1 case for 1 year, $31 in setup
A manufacturer has a steady annual demand for 11.160 cases of sugar. It costs $5 to store 1 case for 1 year, $31 in setup cost to produce each batch, and $16 to produce each case(a) find the number of cases per batch that should be produced to minimize costs (b) find the number of batches of sugar that should be manufactured annually
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