Question: John & Son Controls makes temperature control devices at the rate of 800 per day. The company makes 12 batches (i.e. production runs) of these

John & Son Controls makes temperature control devices at the rate of 800 per day. The company makes 12 batches (i.e. production runs) of these devices per year. The cost per set up is $212. What is the total annual holding cost assuming they use FOQ?

  • 2384

  • 8020

  • 2544

  • 802

  • 3456

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