A manufacturer of hospital supplies has a uniform annual demand for 180,000 boxes of bandages. It costs $10 to store one box of bandages for one year and $250 to set up the plant for production. How many times a year should the company produce boxes of bandages in order to minimize the total storage and setup costs? The company should produce boxes of bandages time(s) a year. ml

Linear Algebra: A Modern Introduction
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Chapter2: Systems Of Linear Equations
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A manufacturer of hospital supplies has a uniform annual demand for 180,000 boxes of bandages. It costs $10 to store one box of bandages for one year and $250
to set up the plant for production. How many times a year should the company produce boxes of bandages in order to minimize the total storage and setup costs?
The company should produce boxes of bandages
time(s) a year.
eml
Transcribed Image Text:A manufacturer of hospital supplies has a uniform annual demand for 180,000 boxes of bandages. It costs $10 to store one box of bandages for one year and $250 to set up the plant for production. How many times a year should the company produce boxes of bandages in order to minimize the total storage and setup costs? The company should produce boxes of bandages time(s) a year. eml
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