(Solved): Greener Pastures Incorporated (GPI) produces a highquality organic lawn food and weed eliminator c ...

Greener Pastures Incorporated (GPI) produces a highquality organic lawn food and weed eliminator called Super Green (SG). Super Green is sold in 50-pound bags. Monthly demand for Super Green is $75,000$ pounds. Greener Pastures has capacity to produce 24,000 50pound bags per year. Th e setup cost to produce Super Green is $\$300$. Annual holding cost is estimated to be $\$3$ per $50$-pound bag. Currently, GP is producing in batches of $2500$ bags.