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Case - Wilson Publishing Company - using R Code Wilson Publishing Company produces books for the retail market. Demand for a current book is expected

Case - Wilson Publishing Company - using R Code
Wilson Publishing Company produces books for the retail market. Demand for a current book is expected to occur at a constant annual rate of 7,800 copies. The cost of one copy of the book is $13.50. The holding cost is based on an 18% annual rate, and production setup costs are $150 per setup. The equipment with which the book is produced has an annual production volume of 25,000 copies. Wilson has 250 working days per year, and the lead time for a production run is 15 days. Use the production lot size model to compute the following values.
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(a) Minimum cost production lot size (Round your answer to the nearest integer.)
(b) Number of production runs per year (Round your answer to the nearest integer.)
(c) Cycle time (Round your answer to the nearest integer.)
(d) Length of a production run (in days)(Round your answer to the nearest integer.)
(e) Maximum inventory (Round your answer to the nearest integer.)
(f) Total annual cost (in $)(Round your answer to the nearest integer.)
(g) Reorder point (Round your answer to the nearest integer.)

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