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Consider a manufacturer that produces a circuit board at a relatively stable rate of 3 , 0 0 0 units per year to satisfy a
Consider a manufacturer that produces a circuit board at a relatively stable rate of units per year to satisfy a relatively stable rate of units per year. The manufacturing setup cost is $ per order. The unit cost of the circuit board is $ The manufacturing facility uses an annual inventory carrying rate of percent.
What is the optimal production quantity for this item?
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