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Johnson Plastics makes and sells, among many other things, specialty plastic display cases for retail stores. Johnsons expected annual demand for the display cases is
Johnson Plastics makes and sells, among many other things, specialty plastic display cases for retail stores. Johnsons expected annual demand for the display cases is 2,000 units, and average daily demand is 6 units. The production process is most efficient when 14 units per day are produced at a cost of $150 per unit. Setup cost is $30. Inventory carrying cost at Johnson is determined to be 10 percent annually
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