Calculate optimum production batch size production run, Ask an Expert

Management Studies

Calculate optimum production batch size, production run, annual production rate, lead time, safety stock, and total annual cost, length of a production run, and cycle time with help of following information:

Annual demand: 21,000,000

Annual holding cost per unit: $1

Production rate: 3 bars per second

Set up cost: 450

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M91356458

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