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Comfortable Furniture Co. produces a type of chairs. The demand for the chairs for the next 5 weeks is given in the table below.
Comfortable Furniture Co. produces a type of chairs. The demand for the chairs for the next 5 weeks is given in the table below. 1 2 3 4 5 Demand 40 30 80 20 50 The setup cost of production is $300 and the holding cost per item per week is equal to $4. Determine an optimal production plan.
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