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A shop that makes candles offers a scented candle which has a yearly demand of 6000 boxes Candles can be produced at a rate of

A shop that makes candles offers a scented candle which has a yearly demand of 6000 boxes Candles can be produced at a rate of 45 boxes per day The shop operates 25 days per month Assume that the demand is uniform throughout the month Setup cost is 65 for a run and the holding cost is 20 per box per year Determine the economic production quantity

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