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Hef Hef
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5 years ago
A product has an annual demand of 3600 units. Unit cost for this product is $3. Set up cost is $20 and the inventory carrying rate as a percent of the unit cost is 25%. The product is produced in-house where the daily production rate is 50 units. Assume 360 working days per year and determine the economic production quantity.
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Introduction to Management Science

Introduction to Management Science


Edition: 13th
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samanthajones10samanthajones10
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Hef Author
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5 years ago
You make an excellent tutor!
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ky
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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