Question: Using the information in Problem 9, instead of buying from a supplier the decision is to make the item in the companys factory. The new

Using the information in Problem 9, instead of buying from a supplier the decision is to make the item in the company’s factory. The new equipment is able to produce 30 units per day. Cost per item is now $6.00. The set up cost is $150.00 per set up. What is the optimal run size (EPQ)?

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