Foggy Optics Inc makes laboratory microscopes Setting up each production run costs 2400 Insurance costs...
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Foggy Optics Inc makes laboratory microscopes Setting up each production run costs 2400 Insurance costs based on the average number of microscopes in the warehouse amount to 10 per microscope per year Storage costs based on the maximum number of microscopes in the warehouse amount to 10 per microscope per year Suppose that the company expects to sell 4000 microscopes at a fairly uniform rate throughout the year Determine the number of production runs that will minimize the overall expenses for the company The number of runs is
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