Suppose the production of small electric motors meets the following parameters: Annual demand = D = 39,000

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Suppose the production of small electric motors meets the following parameters:

Annual demand = D = 39,000 units; Holding cost = H = $10 per unit per year.

To the nearest penny, what is the optimum setup cost for an order of desired lot size of Q = 150 units?

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Practical Business Statistics

ISBN: 9780123852083

6th Edition

Authors: Andrew Siegel

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Posted Date: Mar 09, 2024 10:47 AM

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Suppose the production of small electric motors meets the following parameters: Annual demand = D = 39,000

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Practical Business Statistics

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