Question: A production order quantity problem has a daily demand rate = 60 and a daily production rate = 150. The production order quantity for this

A production order quantity problem has a daily demand rate = 60 and a daily production rate = 150. The production order quantity for this problem is approximately 600 units and the set-up cost is $11. The average inventory for this problem is:

Select one:

a. 360

b. 425

c. 300

d. 210

e. None of the above

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