Question #2020884: op. man.


Question: A production company can produce its products at a rate of 2500 units per day. It supplies to a retailer at a steady rate of 200 units per day. The cost to prepare the equipment for producing is $50. Annual holding cost is $ 1 per unit product. The company operates 320 day a year. Please find

a.)The optimal run size

b.) The number of runs per year and the average inventory.

Solution: The solution consists of 153 words (2 pages)
Deliverables: Word Document

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