Every year, Danielle Santos sells 53,856 cases of her Delicious Cookie Mix. It costs her $1 per year in electricity to store a case, plus she must pay annual warehouse fees of $4 per case for the maximum number of cases she will store. If it costs her $748 to set up a production run, plus $9 per case to manufacture a single case, how many production runs should she have each year to minimize her total costs? The number of production runs that Danielle should have is

Every year, Danielle Santos sells 53,856 cases of her Delicious Cookie Mix. It costs her $1 per year in electricity to store a case, plus she must pay annual warehouse fees of $4 per case for the maximum number of cases she will store. If it costs her $748 to set up a production run, plus $9 per case to manufacture a single case, how many production runs should she have each year to minimize her total costs? The number of production runs that Danielle should have is

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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