Foggy Optics, Inc. makes laboratory microscopes. Setting up each production run costs $4000. Insurance costs, based on the average number of microscopes in the warehouse, amount to $10 per microscope per year. Storage costs, based on the maximum number of microscopes in the warehouse, amount to $15 per microscope per year. Suppose that the company expects to sell 800 microscopes at a fairly uniform rate throughout the year. Determine the number of production runs that will minimize the overall expenses for the company. The number of runs is.

Foggy Optics, Inc. makes laboratory microscopes. Setting up each production run costs $4000. Insurance costs, based on the average number of microscopes in the warehouse, amount to $10 per microscope per year. Storage costs, based on the maximum number of microscopes in the warehouse, amount to $15 per microscope per year. Suppose that the company expects to sell 800 microscopes at a fairly uniform rate throughout the year. Determine the number of production runs that will minimize the overall expenses for the company. The number of runs is.

Name: Foggy Optics, Inc. makes laboratory microscopes. Setting up each prod
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Description: Foggy Optics, Inc. makes laboratory microscopes. Setting up each production run costs $4000. Insurance costs, based on the average numbermaximum number of microscopes in the warehouse, amount to $15 per microscope per year. Suppose that the company

Algebra for College Students

10th Edition

ISBN:9781285195780

Author:Jerome E. Kaufmann, Karen L. Schwitters

Publisher:Jerome E. Kaufmann, Karen L. Schwitters

Chapter12: Algebra Of Matrices

Section12.CR: Review Problem Set

Problem 37CR

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