Question
A toy manufacturer uses approximately 130 silicon chips daily. The chips are used at a steady rate during the 240 days a year that the
A toy manufacturer uses approximately 130 silicon chips daily. The chips are used at a steady rate during the 240 days a year that the plant operates. Annual holding cost is 3 SR per chip, and ordering cost is 120 SR. Determine the optimal order quantity and the number of orders a year?
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Operations management
Authors: Jay Heizer, Barry Render
10th edition
978-0136119418, 136119417, 978-0132163927
