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Consider that a company produces a certain component in batches of 795 units (Q) for its computer products. The annual demand for this component is
Consider that a company produces a certain component in batches of 795 units (Q) for its computer products. The annual demand for this component is 2,049 units. The annual inventory rate is 13%. The machine used to produce this part has a production rate of 13,655 units/year and a cost of $15/unit.
b) How long (years) does it take to produce the batch considering the Q provided? Report your answer to 3 decimal places
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