Question: Using the givens provided below, find the lot size which will give the lowest total annual inventory cost. Choose the closest answer. Present lot size
Using the givens provided below, find the lot size which will give the lowest total annual inventory cost. Choose the closest answer. Present lot size = 750 Annual demand = 4500 Unit cost = $100 Holding cost = 30% of the unit cost Ordering cost = $800 Time Running: Attempt due: May 30 1 Hour. 0 Minute 0 490 O 294 0 588 0 624 0 750 0 735 0 647
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