A contractor has to supply 10,000 paper cones per day for 320 days in a year. He finds that when he starts production, he can produce 20,000 units a day. The cost of holding a paper cone for 1 year is 2 paise and the set-up cost of a production run is Rs. 20. How frequently should production run be made?

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aper cone needed pes dap 10000 Cost s Re 20 dntas cost CH ... View the full answer