Answered step by step
Verified Expert Solution
Question
1 Approved Answer
i will send a like for fbe correct answer! reftigerators to be produced in each troduction run. Astume there are 250 working dins per year.
i will send a like for fbe correct answer!
reftigerators to be produced in each troduction run. Astume there are 250 working dins per year. i) What is the daily demand of this product? 35 units (enfer yeur response as a wholie numeers. c) Under the current policy, how many production runs per year would be required? 20.44 nuns (found yaur response to the cearest whole number) What would the anrual sotup cost be? (round your rosponse to the nearest whole number. What would the average inventary level be? 180.5 unts (round your response to the neavos whole number). e) If the company produces 430 refrigerators at a time; what would the total annual selup cost and holding cost be? 3 (pows your response to the nearest whole number). How much would this save the company in inveritory costs compared to fhe curtent policy of producing 430 inits in each prooxicion nun Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started