Question: help solve A widget costs $1 per unit to store for one year and $34 setup cost every time you produce a lot. You use

help solve
help solve A widget costs $1 per unit to store
A widget costs $1 per unit to store for one year and $34 setup cost every time you produce a lot. You use 899 units of the widgets per year. Using the EOQ model, the number of batches per year that you would order is: Enter your answer as a number with 2 decimal places. eg. 1.23

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