Question: An operations manager has just implemented economic production quantity model. Using the information below, compute the maximum inventory level for the product. setup cost =

An operations manager has just implemented economic production quantity model. Using the information below, compute the maximum inventory level for the product.

setup cost = $50 per lot

holding cost = $10 per unit per year

annual demand = 30,000 units,

operations days = 300 days per year

production rate = 500 units per day

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