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Mathematics, 13.02.2020 22:02 reticentrobbie

A company needs 300,000 items per year. It costs the company $1,440 to prepare a production run of these items and $14 to produce each item.
If it also costs the company $1.50 per year for each item stored,
find the number of items that should be produced in each run so that total costs of production and storage are minimized.

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