Question
Details of Hub Caps made by a manufacturing Firm are given below: Annual Demand (D) = 1,000 hub caps Setup Cost (S) = $ 10
Details of Hub Caps made by a manufacturing Firm are given below:
Annual Demand (D) = 1,000 hub caps Setup Cost (S) = $ 10 per set up
Holding or Carrying Cost = $0.50 per hub caps per y
r Daily Production Rate (d) = 8 hub caps per day
Daily Demand Rate = 4 hub caps per day
No of Working days in a yr = 250
The number of Hub Caps that must be produced per set up in order to to Minimize the Total Cost (TC) is: a. 101 b. 283 c. 142 d. 566
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The Next Step Advanced Medical Coding And Auditing 2016
Authors: Carol J. Buck MS CPC CCS-P
1st Edition
978-0323389105
