Question: A production order quantity problem has daily demand rate = 60 and daily production rate = 150. The production order quantity for this problem is
A production order quantity problem has daily demand rate = 60 and daily production rate = 150. The production order quantity for this problem is approximately 600 units and set up cost is $11. The average inventory for this problem is:
a.
180
b.
None of the answers is correct
c.
270
d.
360
e.
300
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