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A company periodically produces a part that is a basic component of an assembled product. Each time the part is run, a fixed cost
A company periodically produces a part that is a basic component of an assembled product. Each time the part is run, a fixed cost of $118 is incurred. The cost to hold one unit for a week is estimated to be $1.51. Demand Week (units) 1 46 2 20 3 96 4 20 5 -- 6 7 22 72 For the demand (net requirements) shown above, determine the quantity and timing of production runs using the part-period method. Produce Produce units in week units in week Produce units in week
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