Question: Complete the following problem. Consider the following example. Masters chips, uses 2 types of packaging material. It uses 150,000 plastic bags per year. Each plastic

Complete the following problem. Consider the

Complete the following problem. Consider the

Complete the following problem. Consider the

Complete the following problem. Consider the

Complete the following problem. Consider the following example. Masters chips, uses 2 types of packaging material. It uses 150,000 plastic bags per year. Each plastic bag costs $0.5. Plastic bags are produced in lots, each lot contains 140 plastic bags. The holding cost of one plastic bag equals 2% of the total lot cost, whereas the setup cost equals to 30% of it. Each plastic bag occupies 0.05 min storage. Besides, it uses 60,000 boxes per year. Each box order costs $1.5. The holding cost of one box equals 20% of the cost per order. Each box occupies 0.25 min storage. Its total available storage space is 100m2. The order quantity Y(plastic bags) is * 2211.72 units 5714.72 units 2,121.32 units 2645.72 units None of the answers. * The order quantity Y2(boxes) 574.72 units O None of the answers. 363.13 units 613.83 units O 774.60 units {(ai yi) equals 299.72 164.78 292.27 173.81 None of the answers. 7 After applying the constraint {(ai yi) SA, and taking into account that A=100 m2, we deduce that and O None of the answers. the constraint is violated; Y(1) & Y(2) are optimal. the constraint is satisfied; Y(1) & Y(2) are optimal. the constraint is satisfied; Y(1) & Y(2) are not optimal. the constraint is violated & binding; must be accounted for Total Cost per unit equals TCU (Y1*) + TCU (Y2*) = $2,601.11 O TCU (Y1*) + TCU (Y2*) = $3,202.23 = TCU (Y1*) + TCU (Y2*) = $1,601.11 TCU (Y1*) + TCU (Y2*) = $5,601.11 = None of the answers

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