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Category > Accounting Posted 09 Jun 2017 My Price 4.00

Inventory control

Inventory control. A paint manufacturer has a uniform annual demand for 16,000 cans of automobile primer. It costs $4 to store one can of paint for one year and $500 to set up the plant for production of the primer. How many times a year should the company produce this primer in order to minimize the total storage and setup costs?

 

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Alpha Geek
(8)
Status NEW Posted 09 Jun 2017 08:06 AM My Price 4.00

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Attachments

file 1496997563-1940148_1_636325403057488910_Economic-Production-Quantity.xlsx preview (112 words )
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