Question: rion 15 et ered A production order quantity problem has daily demand rate = 60 and daily production rate = 150. The production order quantity

rion 15 et ered A production order quantity

rion 15 et ered A production order quantity problem has daily demand rate = 60 and daily production rate = 150. The production order quantity for this problem is approximately 600 units and set up cost is $11. The average inventory for this problem is: ed out of Select one: O a. 300 ion O b. 210 O c. 360 O d. 425 O e. None of the above 16 A product is currently made in a process-focused shop, where fixed costs are $16,000 per year and variable cost is $25 per unit. The firm sells the product for $80 per unit. What is the profit (or loss) on a demand of 500 units per year? out of Select one: O a. $12500 O b. $12500 O c. 720 unit O d. $9600 O e. $40000

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