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1 2 . 1 8 Race One Motors is an Indonesian car manufacturer. At its largest manufacturing facility, in Jakarta, the company produces subcomponents at
Race One Motors is an Indonesian car manufacturer. At its largest manufacturing facility, in Jakarta, the company produces subcomponents at a rate of per day, and it uses these subcomponents at a rate of per year of working days Holding costs are $ per item per year, and ordering setup costs are $ per order. a What is the economic production quantity? b How many production runs per year will be made? c What will be the maximum inventory level? d What percentage of time will the facility be producing components? e What is the annual cost of ordering and holding inventory?"
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