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Christine owns a company that bottles pure natural fruit juices for sale to health advocates. She can produce and sell up to 3,000 bottles of
Christine owns a company that bottles pure natural fruit juices for sale to health advocates. She can produce and sell up to 3,000 bottles of various juices per month. On average, each bottle of juice costs $6.00 to produce and the setup costs associated with each production run is $30. Carrying costs are estimated to be 75% of the value of an average inventory. If Christine's sales are uniform, find the lot size and the number of runs that will minimise Christine's set-up and carrying costs
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