Question: costs are $ 2 per item per year, and ordering costs are $ 3 2 per order. a ) What is the economic production quantity?
costs are $ per item per year, and ordering costs are $ per order.
a What is the economic production quantity? units round your response to two decimal places a What is the economic production quantity?
b How many production runs per year will be made?
c What will be the maximum inventory level?
d What percentage of time will the facility be producing components?
e What is the annual cost of ordering and holding inventory?
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