Top Posters
Since Sunday
17
6
5
5
s
5
t
5
s
5
9
5
g
5
h
5
l
5
o
5

# A product has an annual demand of 3600 units. Unit cost for this product is $3. Set up cost is$20 ...

wrote...
Posts: 266
Rep:
4 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. Determine the annual ordering cost and carrying cost if the optimal production quantity is made each time.
Textbook

## Introduction to Management Science

Edition: 13th
Author:
Replies
Answer verified by a subject expert
julieglossbrennjulieglossbrenn
wrote...
Posts: 156
Rep:
4 years ago

### Related Topics

CaptainTrout Author
wrote...

4 years ago
 This helped my grade so much
wrote...

Yesterday
 You make an excellent tutor!
wrote...

2 hours ago
 this is exactly what I needed
Explore
303 People Browsing
260 Signed Up Today
Related Images

185

74

99