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.)
Desired lot size:
140
Annual demand:
10,000
Holding cost:
$90
per unit per year
Daily production rate: 100
Workdays per year:
250

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