Question: How many days does it take to produce each run of product given the following data: Demand is 533250 units per year Production is 4375

How many days does it take to produce each run of product given the following data:

  • Demand is 533250 units per year
  • Production is 4375 units per day
  • Usage is 1270 units per day
  • Setup costs are $4.00
  • Holding costs per unit are $0.178

(Your answer should include two decimal places)

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