Find out optimal order size also the minimum total annual

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Q. Kroft foods make cheese to supply to stores in its area. The dairy can make 350 pounds of cheese per day also the demand at area stores is 205 pounds per day. Each time the dairy makes cheese, it costs $175 to set up the production process. The annual cost of carrying a pound of cheese in a refrigerated storage area is $12. Find out the optimal order size also the minimum total annual inventory.

Reference no: EM1377947

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