A company produces and sells 2,500 sets of silverware each year. Each production run has a...

A company produces and sells 2,500 sets of silverware each year. Each production run has a fixed cost of 200 dollars and an additional cost of 5 dollars per set of silverware. To store a set for a full year costs 4 dollars. What is the optimal number of production runs the company should make each year? Do not include units with your answer.

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Colby Messinger answered 1 year ago

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