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See Well Bee Well, LLC produces a low-vision apparatus to help people with severe visual acuity problems. The demand rate is 245 units of the
See Well Bee Well, LLC produces a low-vision apparatus to help people with severe visual acuity problems. The demand rate is 245 units of the apparatus per week. The production rate is 1500 units p week, and the setup cost is $85. The value of inventory is $300 per unit, and the holding cost is 20 percent (per year) of the inventory value. See Well Bee Well operates 48 weeks per year. What is the economic production lost size? Report the EPQ as an integer value rounded to minimize cost. Calculate the total annual cost using the integer value of the EPQ. Round your answer to two (2) decimal places. Do not include commas or the $ sign. \begin{tabular}{|l|l|} \hline EPQ & \\ \hline Total Cost & \\ \hline \end{tabular} (Report as an integer value. Round to minimize cost.) (Round to two decimal places. Do not include \$ sign)
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