A Manufacturer produces ‘’furniture’’ and receives the ‘rivets’ for furniture whose amount is $100 per shipment. The firm uses 25% interest on holding cost on rivets whose per-unit price is 3 cents. If the optimal order quantity is 50,597 rivets per order and production is 200 furniture/month, find how many rivets are required per furniture. A Manufacturer produces ‘’furniture’’ and receives the ‘rivets’ for furniture whose amount is $100 per shipment. The firm uses 25% interest on holding cost on rivets whose per-unit price is 3 cents. If the optimal order quantity is 50,597 rivets per order and production is 200 furniture/month, find how many rivets are required per furniture.

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