Business, 03.08.2019 00:10 dondre54

Foggy optics, inc. makes laboratory microscopes. setting up each production run costs $ 15000. insurance costs, based on the average number of microscopes in the warehouse, amount to $20 per microscope per year. storage costs, based on the maximum number of microscopes in the warehouse, amount to $20 per microscope per year. suppose that the company expects to sell 2000 microscopes at a fairly uniform rate throughout the year. determine the number of production runs that will minimize the overall expenses for the company.

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Foggy optics, inc. makes laboratory microscopes. setting up each production run costs $ 15000. insur...