A company produces and sells 1440 tables each year. Each production run has a fixed cost of $200 and an additional cost of $10 per table. To store a table for a full year costs $10. What is the optimal number of tables the company should make during each production run? Do not include units with your answer. Provide your answer below:

Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter2: Systems Of Linear Equations
Section2.4: Applications
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A company produces and sells 1440 tables each year. Each production run has a fixed cost of $200 and an additional cost
of $10 per table. To store a table for a full year costs $10. What is the optimal number of tables the company should make
during each production run? Do not include units with your answer.
Provide your answer below:
Transcribed Image Text:A company produces and sells 1440 tables each year. Each production run has a fixed cost of $200 and an additional cost of $10 per table. To store a table for a full year costs $10. What is the optimal number of tables the company should make during each production run? Do not include units with your answer. Provide your answer below:
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