Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 15 Sep 2017 My Price 3.00

Optimal lot size

A company produces 4800 parts per day and sells them at approximately half of that rate. The set-up cost is Rs.1000 and carrying cost is Rs.5 per units. The annual demand is 480,000 units. Find:

(a) Optimal lot size

(b) Number of production run that should be scheduled per year

(c) Length of each production run

Answers

Maurice Tutor
(5)
Status NEW Posted 15 Sep 2017 09:09 AM My Price 3.00

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