Inventory Control and Planning Neilsen Cookie Company sells its assorted butter cookies in containers that have a net content of 1 lb. The estimated demand for the cookies is 1,200,000 1 lb containers. The setup cost for each production run is $490, and the manufacturing cost is $0.42 for each container of cookies. The cost of storing each container of cookies over the year is $0.5. Assuming uniformity of demand throughout the year and instantaneous production, how many containers of cookies should Neilsen produce per production run in order to minimize the production cost
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