A producer of electronic parts wants to take account of both production rate and demand rate in
Question:
a. What lot size should be produced?
b. If the production rate is ignored, what would the lot size be? How much does this smaller lot size cost the firm on an annual basis?
c. Draw a graph of on-hand inventory versus time.
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Related Book For
Operations Management in the Supply Chain Decisions and Cases
ISBN: 978-0073525242
6th edition
Authors: Roger Schroeder, M. Johnny Rungtusanatham, Susan Goldstein
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