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Production order quantity problem has annual demand = 3000, daily demand rate = 10, and daily production rate = 50. Production order quantity for problem is about 612 units. Annual setup costs for this problem are roughly:

Holding cost info is not given with this problem, it asks to solve problem without it.

a) $4.90
b) $50
c) $300
d) $490
e) $980

Project Management, Management Studies

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