A foundry uses 3600 tons of pig iron per year at a constant
A foundry uses 3,600 tons of pig iron per year at a constant rate. The cost per ton delivered to the foundry is $145. It costs $92 to place an order and $18 per ton per year for storage. Find the minimum-cost purchase quantity.
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a foundry uses 3600 tons of pig iron per year at a constant rate the cost per ton delivered to the foundry is 145 it
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