Cost to set up the production process

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Reference no: EM132075554

Blaine Abrams is the owner of a small company that produces electric scissors used to cut fabric. The annual demand is for 75,000 scissors, and Blaine produces the scissors in batches. On average, Blaine can produce 1,000 pairs of scissors per day during the production process. Demand for scissors has been about 250 pairs of scissors per day. The cost to set up the production process is $800, and it costs Blaine $0.90 to carry 1 pair of scissors for one year. How many scissors should Blaine produce in each batch?

Reference no: EM132075554

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