Question: please explain. not using excel 3. Vissepo Manufacturing produces a product for which the annual demand is 8,000. Production averages 75 per day, while demand
please explain. not using excel
3. Vissepo Manufacturing produces a product for which the annual demand is 8,000. Production averages 75 per day, while demand is 40 per day. Holding costs are $0.75 per unit per year; set-up costs $150.00. If they wish to produce this product in cconomic batches, what size batch should be used? How much does management of this good is spent in inventory cost for the firm each year? What's the level of capacity the firm is producing? Explain the denominator of the formula used in this exercise
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