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Business, 06.05.2020 03:38 coolaadhya123

The Wood Valley Dairy makes cheese to supply to stores in its area. The dairy can make 454 pounds of cheese per day (355 days per year), and the demand at area stores is 62 pounds per day. Each time the dairy makes cheese, it costs $295 to set up the production process. The annual cost of carrying a pound of cheese in a refrigerated storage area is $1.01. Determine the minimum total annual cost.

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The Wood Valley Dairy makes cheese to supply to stores in its area. The dairy can make 454 pounds of...

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