Question: Problem 1 0 - 1 3 ( Algorithmic ) production lot size model to compute the following values: a . Minimum cost production lot size,
Problem Algorithmic
production lot size model to compute the following values:
a Minimum cost production lot size, Round your answer to the nearest whole number, Do not round intermediate values.
b Number of production runs per year, Round your answer to two decimal places. Do not round intermediate values
Number of production runs per year
c Cycle time. Round your answer to two decimal places. Do not round intermediate values.
days
d Length of a production run. Round your answer to two decimal places. Do not round intermediate values,
Production run length
e Maximum inventory. Round your answer to the nearest whole number. Do not round internediate values.
Maximum inventory
f Total annual cost. Round your answer to the nearest dollar, Do not round intermediate values.
Total annual cost $
g Reorder point, Round your answer to the nearest whole number, Do not round intermediate values.
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