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Inventory control:-

A paint manufacturer has a uniform annual demand for 16,000 cans of automobile primer. It costs $4 to store one can of paint for one year and $500 to set up the plant for production of the primer. How many times a year should the company produce this primer in order to minimize the total storage and setup costs?

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Project Management, Management Studies

Category:- Project Management
Reference No.:- M92023657

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