Question: What would the average inventory level be ? 1 5 1 units ( round your response to the nearest whole number ) . e )

What would the average inventory level be?151 units (round your response to the nearest whole number).
e) If the company produces 370 refrigerators at a time, what would the total annual setup cost and holding cost be?
$10231(round your response to the nearest whole number).
f) If Bud Banis wants to minimize the total annual inventory cost, how many refrigerators should be produced in each production run? 213 units (round your response to the nearest whole number).
How much would this save the company in inventory costs compared to the current policy of producing 370 units in ea production run? $ (round your response tc. the nearest whole number).
 What would the average inventory level be?151 units (round your response

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!