Question: Problem 7 - 8 ( Algo ) Johnson Plastics makes and sells, among many other things, specialty plastic display cases for retail stores. Johnson's expected

Problem 7-8(Algo)
Johnson Plastics makes and sells, among many other things, specialty plastic display cases for retail stores. Johnson's expected demand for the display cases is 1,100 units, and average daily demand is 3 units. The production process is most efficient when 12 units per day are produced at a cost of $105 per unit. Setup cost is $23. Inventory carrying cost at Johnson is determined to be 10 percent annually.
a. What is the best production order quantity?
b. How many days is a required production run?
Required A
What is the best production order quantity?
Note: Round up your answer to the next whole number.
Production order quantity
units
 Problem 7-8(Algo) Johnson Plastics makes and sells, among many other things,

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