Answer:
Step-by-step explanation:
Given
Company Produces and sells 211600 boxes of T-shirt each year
Fixed cost =$ 400
Additional cost = $ 3 per box
storage cost =$ 2
let x be the no of production run
therefore
Holding cost per year
yearly ordering cost
Total cost C(x)
differentiate C(x) w.r.t to x we get
Put to get max/min value
therefore 46 runs must be performed