Question: 3. If y = , and p = , Well TCUNS UIT Example 14.12 The demand for an item in a company is 18,000 units

3. If y = , and p = , Well TCUNS UIT Example

3. If y = , and p = , Well TCUNS UIT Example 14.12 The demand for an item in a company is 18,000 units per year, and the company can produce the item at a rate of 3,000 per month. The cost of one set-up is Rs 500 and the holding cost of one unit per month is 15 paise. The shortage cost of one unit is Rs 240 per year. Determine the optimum manufacturing quantity and the number of shortages. Also determine the manufacturing time and the time between set-ups

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