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Sad Clowns Inc., supplies special makeup cases to a major circus. The circus orders its EOQ of 900 cases every two months. Sad Clowns incurs a setup cost of $500 every time it produces these 900 cases, and its annual holding cost per case is $3. How many units should Sad Clowns produce in each batch? (What is the Optimum Production Quantity?)

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M91630063

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