a company consumes 12000 units of a raw material. the company has a production capacity of 60 units/day, the cost of each unit produced by the company is $8. the setup and tooling up cost is $96 per set up. the capacity charges are 15% of cost per uit. Determine how frequently the production runs be made
1200/60=20
1200×8= 9600
= 9600×0.15= 1440units
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