Question: B) Average holding cost? C) Average strip cost per year D)Total cost Radovilsky Manufacturing Company, in Hayward, California, makes flashing lights for toys. The company
B) Average holding cost?
C) Average strip cost per year
D)Total cost
Radovilsky Manufacturing Company, in Hayward, California, makes flashing lights for toys. The company operates its production facility 300 days per year. It has orders for about 12,400 flashing lights per year and has the capability of producing 95 per day. Setting up the light production costs $49. The cost of each light is $1.00. The holding cost is $0.05 per light per year. a) What is the optimal size of the production run? whole number). units (round your response to the nearest Cotor von Anwar in the oneworhavand then clickbook AnwarStep by Step Solution
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