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A manufacturing company produces furniture products. The annual demand is 16500 products per year, with an average daily demand of 66. Its factory has the
A manufacturing company produces furniture products. The annual demand is 16500 products per year, with an average daily demand of 66. Its factory has the capability of producing 85 per day. The set up cost is SR 55. The holding cost is SR 1 per product per year. What is the optimal size of the production run? ( Answer in field)
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