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Business, 17.08.2021 16:30 Jofish5815

A shop that makes candles offers a scented candle, which has a monthly demand of 360 boxes. Candles can be produced at a rate of 36 boxes per day. The shop operates 20 days a month. Assume that demand is uniform throughout the month. Setup cost is $60 for a run, and holding cost is $2 per box on a monthly basis. What is the minimum cost

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A shop that makes candles offers a scented candle, which has a monthly demand of 360 boxes. Candles...

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