Minimum total annual cost for carrying and setup

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A sausage facotry can produce hotdogs at the rate of 4000 per day. They supply hotdogs to local resturants at a steady rate of 200 per day. The cost to prepare the equipment for producing hotdogs is $55. Annual hilding costs are 40 cents per hotdog. The factory operates 300 per year. Find optimal run size. The number of runs per year. Minimum total annual cost for carrying and setup.

Reference no: EM131731208

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