Question: 8 ) The production order quantity model is used in a warehouse where annual demand is 3 6 5 0 units, setup cost is $

8) The production order quantity model is used in a warehouse where annual demand is 3650 units, setup cost is $50, holding cost is $12 per unit per year, the daily demand rate is 10 and the daily production rate is 100. What is the production order quantity for this problem (Q*)?
A)139
B)174
C)548
D)365
E)184

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