Assume that you are reviewing the eprs decision associated, Ask an Expert

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Assume that you are reviewing the EPRS decision associated with a production operation where P=4000 units per year, D=2000 units per year, S=$400 per setup, and H=$2.50 per unit per year. Currently the company produces 500 units per setup. Are you satisfied with the current production quantity or do you want to recommend changing the current production run size? Why or why not? Explain clearly by showing all your work. Your work should include a comparison of the annual total costs of the current policy and recommended policy. Assume that 1 year=365 days.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92447786

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