Find the number of bags per batch

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A certain company produces potting soil and sells it in 50 lb bags. Suppose that 300,000 bags are to be produced each year. It costs $24 per year to store a bag of potting soil, and it costs $4000 to set up the facility to produce a batch of bags. Find the number of bags per batch that should be produced.

Reference no: EM133125974

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