Question: Monthly usage rate for a certain part is 1 5 , 0 0 0 units. The part is produced in batches and its manufacturing costs
Monthly usage rate for a certain part is units. The part is produced in batches and its manufacturing costs are estimated to be $ Holding cost is of piece cost. Currently the production equipment used to produce this part is also used to produce other parts with similar usage and cost data assume the data to be identical for purposes of this problem Changeover time between batches of the different parts is now hours, and cost of downtime on the equipment is $hr Determine the economic batch size for the part in question. Units are pc and the answer should be an integer.
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