Seems like we need to know something about the production of bandages. Is it continuous? Instant batches of some fixed number? Production over a period of days?
Is the consumption to be considered a continuous function?
I see no way to solve this with the information given.
A manufacturer of hospital supplies has a uniform annual demand for 80,000 boxes of
bandages. It costs $10 to store one box of bandages for one year and $160 to set up
the plant for prduction. Haw many times a year should the company produce boxes
of bandages in order to minimize the total storage and setup costs?
2 answers
60 times a year
0 answers