Question: A widget costs $2 per unit to store for one year and $26 setup cost every time you produce a lot. You use 943 units

A widget costs $2 per unit to store for one year and $26 setup cost every time you produce a lot. You use 943 units of the widgets per year. Using the EOQ model, the number of batches per year that you would order is: A production plant spends $132,355 in lease payments and $132,945 in insurance costs. Labor costs are $21 per hour. Each unit of production takes 7 minutes to produce and $40 in direct costs. Each product may be sold at $93. What is the break-even quantity that should be sold

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