1 a firm uses 42900 widgets per year and can produce 370, Ask an Expert

Management Studies

1. A firm uses 42,900 widgets per year and can produce 370 per day. Carrying costs are $2 and setup costs are $125. They operate 240 days per year. What is the optimal run size? Do not round intermediate calculations. Round you answer to a whole number.

2. Which of the following is true of random variation?

A) It is uncontrollable. B) It is centered around the mean. C) It is within 3 standard deviation of the mean. D) All of the above. E) None of the above

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HR Management, Management Studies

Category:- HR Management
Reference No.:- M92592434

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