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.
d Length of a production run. Round your answer to two decimal places. Do not round intermediate values.
Production run length days
E Maximum inventory. Round your answer to the nearest whole number. Do not round intermediate 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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