Question: Please show all steps What should be the target setup cost (not time) for producing an item in a factory based on the data below

Please show all steps

What should be the target setup cost (not time) for producing an item in a factory based on the data below if the target is to have the best POQ be the days of usage listed below. Holding cost is annual fixed amount.

Operating Days	Daily Usage	Daily Production Rate	Holding Cost ($ not %)	Target Days
220	160	250	30.00	4

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