Question: A firm wants to develop a level material use schedule based on the following data. What should be the setup cost? ( Round answer to

A firm wants to develop a level material use schedule based on the following data. What should be the setup cost? (Round answer to two decimal places.)
\table[[Desired lot size:,130],[Annual demand:,10,000],[Holding cost:,$60 per unit per year],[Daily production rate:,100],[Workdays per year:,250]]
A. $60.84
B. $37.01
C. $20.28
D. $0.23
E. $30.42
 A firm wants to develop a level material use schedule based

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