Top Posters
Since Sunday
Home Q & A Board Other Fields Homework Help Business
New Topic  
CaptainTrout CaptainTrout
wrote...
Go to Answer
Posts: 266
Rep: 0 0
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. Determine the annual ordering cost and carrying cost if the optimal production quantity is made each time.
Textbook 
Introduction to Management Science

Introduction to Management Science


Edition: 13th
Author:
Read 67 times
1 Reply
Replies
Answer verified by a subject expert
julieglossbrennjulieglossbrenn
wrote...
#1
Posts: 156
Rep: 125 0
5 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

CaptainTrout Author
wrote...

5 years ago
Thanks
lolaww
wrote...

Yesterday
Thanks for your help!!
Morgan-C
wrote...

2 hours ago
This helped my grade so much Perfect
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1254 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 1416
  
 159
  
 305
Your Opinion
What percentage of nature vs. nurture dictates human intelligence?
Votes: 431
Previous poll results: Do you believe in global warming?