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A Moving to the next question prevents changes to this answer. Question 1 of 5 Question 1 5 points Save Answer A valve manufacturer plans
A Moving to the next question prevents changes to this answer. Question 1 of 5 Question 1 5 points Save Answer A valve manufacturer plans to produce 25255 units of a special valve next year. The production rate is 113 valves per day, and the demand rate is 70 valves per day. The setup cost is $ 62 per run and the holding costs are $5 per unit per year. If the company producing this valve decides to allow backorders at a backorder cost of $4 per unit, what would be the optimum number of runs per year from the decision to backorder?
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