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Thaarugo, Inc., produces a GPS device that is be- coming popular in parts of Scandinavia. When Thaarugo produces one of these, a printed circuit board

Thaarugo, Inc., produces a GPS device that is be- coming popular in parts of Scandinavia. When Thaarugo produces one of these, a printed circuit board (PCB) is used, and it is populated with several electronic components. Thaarugo determines that it needs about 16,000 of this type of PCB each year. Demand is relatively constant throughout the year, and the ordering cost is about $25

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