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Question A company produces and sells 5,000 boxes of playing cards each year. Each production run has a fixed cost of $200 and an additional cost of $2 per box of playing cards. To store a box for a full year costs $2. What is the optimal number of boxes of playing cards the company should make during each production run? Do not include units with your answer. Provide your answer below:

Question A company produces and sells 5,000 boxes of playing cards each year. Each production run has a fixed cost of $200 and an additional cost of $2 per box of playing cards. To store a box for a full year costs $2. What is the optimal number of boxes of playing cards the company should make during each production run? Do not include units with your answer. Provide your answer below:

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Question A company produces and sells 5,000 boxes of playing cards each year. Each production run has a fixed cost of $200 and an additional cost of $2 per box of playing cards. To store a box for a full year costs $2. What is the optimal number of boxes of playing cards the company should make during each production run? Do not include units with your answer. Provide your answer below:
Transcribed Image Text:Question A company produces and sells 5,000 boxes of playing cards each year. Each production run has a fixed cost of $200 and an additional cost of $2 per box of playing cards. To store a box for a full year costs $2. What is the optimal number of boxes of playing cards the company should make during each production run? Do not include units with your answer. Provide your answer below:
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